Trafigura Warns of “Super Glut” as Oil Supply Surges
Affected assets and topics
Why it matters
Trafigura's chief economist warns of a 'super glut' in the oil market next year due to increased supply and weak global demand, which could further depress crude prices.
Expected market reaction
Market impact analysis based on bearish sentiment with 80% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 20705
Original source
Echoing what has become a now daily refrain by commodity bears everywhere, Saad Rahim, chief economist of commodity-trading giant, Trafigura, said that the oil market faces a “super glut” next year as a burst of new supply collides with weakness in the global economy. According to Rahim, new drilling projects and slowing demand growth would weigh further on already depressed crude prices next year. “Whether it’s a glut, or a super glut, it’s hard to get away from that,” Rahim said in remarks alongside the company’s…
Read the full article on OilPrice.com
Original article published by OilPrice.com on December 10, 2025. Analysis and insights provided by AnalystMarkets AI.