The Future of Global Oil: Market Surplus, the Strait of Hormuz Crisis, and Energy Shifts
Global energy markets are bracing for a potential supply-demand imbalance by 2027, as projections of a substantial surplus in crude oil production contrast sharply with the continued investment strategies of major exporting nations. While international energy analysts warn that rising non-OPEC production and slowing demand growth could trigger a glut, leading oil producers maintain that … Read more