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LATEST

Brazil Fuels an Ocean Ship With Ethanol for the First Time●Social Security cost-of-living adjustment estimate for 2027 falls as inflation cools●Gold, silver prices today: Comex gold and silver rebound as softer US inflation eases Fed rate hike fears●Kremlin promoting the Far East as major investment frontier in Russia’s pivot to Asia●Guyana Hardwires Local Manufacturing into the Oil Supply Chain●Halliburton Secures Well-Construction Contract for Suriname’s GranMorgu Project●HIF Global Renews e-Fuels Certification for Magallanes Plant in Chile●Chilean-French $900 Million Pumped-Storage Project Enters Chile Environmental Review●Brazil Fuels an Ocean Ship With Ethanol for the First Time●Social Security cost-of-living adjustment estimate for 2027 falls as inflation cools●Gold, silver prices today: Comex gold and silver rebound as softer US inflation eases Fed rate hike fears●Kremlin promoting the Far East as major investment frontier in Russia’s pivot to Asia●Guyana Hardwires Local Manufacturing into the Oil Supply Chain●Halliburton Secures Well-Construction Contract for Suriname’s GranMorgu Project●HIF Global Renews e-Fuels Certification for Magallanes Plant in Chile●Chilean-French $900 Million Pumped-Storage Project Enters Chile Environmental Review●

Commodities

Oil’s Oversupply Narrative Just Died

Oilprice.com · 1h ago · 🇺🇸 United States

Oil’s Oversupply Narrative Just Died

Renewed U.S.-Iran hostilities have pushed Brent above $85, ending the oversupply narrative and reviving fears of a global oil shortage. Much Anticipated 2026 LNG Oversupply Wave May Not Materialize - According to industry analysts, the much-anticipated LNG oversupply wave of 2026 will fail to materialize, with BloombergNEF pushing out its first glut year into 2028 as the US-Iran conflict and recurring project delays impede commissioning. - With Middle Eastern supply still capped, the blistering heat brought by this year’s Super El Niño…

Read the full story at Oilprice.com →

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