Tuesday, May 5, 2026
Five energy market trends to track in 2026, the year of the glut: Bousso- oil and gas 360

Five energy market trends to track in 2026, the year of the glut: Bousso

(BOE Report)– Energy markets enter 2026 in a downbeat mood as geopolitical uncertainty clouds the outlook and increasing signs of swelling oil and gas supplies threaten to sink prices. This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump’s trade wars, the intensified targeting of

Big oil warns about a looming LNG supply glut- oil and gas 360

Big oil warns about a looming LNG supply glut

(Oil Price)– Lately, Wall Street has been warning that oil markets could soon face a surplus, putting more pressure on already depressed oil prices. To wit, Goldman Sachs has predicted that oil markets could be oversupplied by 1.9 million b/d in 2026 amid OPEC+ unwinding production cuts and production in the Americas rising. Wall Street now sees oil prices sinking to the $50s