Macquarie Group has warned that as Washington faces increasing pressure to end the Iran conflict, an oversupply of crude oil may return before the end of the year. The group stated that once an agreement is reached, the oil market will experience a "significant" surplus, with an expected excess of 2 million barrels per day in the fourth quarter.
Macquarie Group has warned that as Washington faces increasing pressure to end the Iran conflict, an oversupply of crude oil may return before the end of the year. The group stated that once an agreement is reached, the oil market will experience a "significant" surplus, with an expected excess of 2 million barrels per day in the fourth quarter.
智通财经2026/07/28 04:11Show original
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Macquarie Group has issued a warning that, as Washington faces growing pressure to end the Iran conflict, the situation of crude oil oversupply could make a comeback before the end of the year. The group stated that once an agreement is reached, the oil market will experience a "significant" oversupply, with an estimated surplus of 2 million barrels per day in the fourth quarter.
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