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


Interview
07 November 2025

Pertamina’s Bagus talks strategic finance

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile...

Perspective
13 November 2025

Keynote: EKN’s new head, Nordlander, on continuity, change...

Åke Nordlander, director general at EKN discusses strategy in his new role, the increased prominence of defence, which now forms the largest part of the Swedish ECA’s cover....