#oversupply — FinScans

🏭 Commodities

UAE's Oil Production Jumps 80%, Sparking OPEC Oversupply Fears

July 13, 2026 (30 days ago)

UAE's 80% production jump threatens OPEC+ cohesion, sending crude prices tumbling on oversupply fears and reviving memories of the 2020 price war.

USOIL UKOIL USD/CAD

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🏭 Commodities

July 1, 2026 (42 days ago)

Goldman Sachs forecasts an oil market oversupply by late 2026 due to surging non-OPEC output and weakening demand, threatening to push Brent…

USOIL UKOIL XLE +2

May 13, 2026 (91 days ago)

North Sea oil flipped to a rare discount during the Iran conflict as oversupply and weak demand eclipse geopolitical risk, hitting Brent…

▼ Strong North Sea output combined with weak Asian refinery demand pushed differentials negative.

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