KPMG's Mayor Expects Oil Glut to Continue

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KPMG'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

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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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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Original article published by Bloomberg on December 30, 2025.
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