KPMG's Mayor Expects Oil Glut to Continue
Market Intelligence Analysis
AI-PoweredKPMG's Regina Mayor predicts a continued global oil glut in 2026 due to structural oversupply, with OPEC+ members likely to maintain their supply hike pause.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
KPMG's Regina Mayor expects the global oil glut to continue in 2026. She sees a structural oversupply in the global market. OPEC+ members meeting this weekend are expected to stick with plans to pause further supply hikes amid growing evidence of a global surplus, according to three delegates. (Source: Bloomberg)
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