Is Oil About to Snap Higher? The Market May Be Too Bearish

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Why This Matters

Market experts predict a large oil surplus in 2026 due to rising supply and tepid demand growth, but analysts believe this will be the last year of a glut, potentially leading to a price rebound.

Market Impact

Market impact analysis based on bullish sentiment with 72% confidence.

Sentiment
Bullish
AI Confidence
72%

Article Context

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Rising oil supply amid tepid demand growth has prompted forecasters and analysts to predict a large surplus on the market going into 2026. All experts and investment banks estimate that the market is accumulating inventories and will continue to do so in early 2026, when oil demand is typically at its weakest in any year. The forecasts of oversupply vary considerably, but regardless of how large the surplus would be, 2026 will likely be the last year in which the market will have to work through a glut, analysts such as Goldman Sachs say. Despite…

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Original article published by OilPrice.com on December 11, 2025.
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