News
31 July 2020

OPEC eyes oil supply cuts as market signals return of glut

In:
Oil & gas
Region:
Middle East & Africa, Americas

Rising OPEC and US oil supply, paired with stagnant economic and crude demand recovery, have pushed the futures market structure back to indicating a surplus, last witnessed during oil’s collapse in April and May amid the pandemic. OPEC will either consider further production cuts or...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
03 September 2026

Taean: A Korean offshore wind test case for ECAs

The embryonic Korean offshore wind market is a long way off project finance adolescence. A viable ECA-backed template for big-ticket projects is set to emerge next year – but...

Perspective
03 September 2026

Serica and Adura: A modest comeback for North Sea RBLs

Serica Energy’s oversubscribed $750 million refinancing and Adura’s $3 billion RBL show that bank liquidity is returning to the UK’s North Sea. But it is returning on terms...