OPEC+ Faces a Looming Oil Glut as Supply Outpaces Demand Eight-to-One

Oil supply is set to surge 8 million barrels daily in 2027 while demand grows just 1 million—a severe imbalance that risks flooding markets and pressuring prices down. OPEC+ announced production cuts in July, but the math is unforgiving: cut too deep and lose sales to rivals; cut too lightly and the glut arrives anyway.