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Saudi Aramco Dismisses Oil Glut Narrative As “Seriously Exaggerated”

Saudi Aramco Dismisses Oil Glut Narrative As “Seriously Exaggerated” Authored by Tsvetana Paraskova via OilPrice.com, Forecasts of a massive oil glut are seriously exaggerated as demand keeps rising and global stocks are below the five-year average, according to Saudi Aramco’s chief executive officer, Amin Nasser.  “Oil glut predictions are seriously exaggerated,” Nasser said on the sidelines of the World Economic Forum in Davos, Switzerland, l…
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Nemos News Network broke the news in on Monday, January 26, 2026.
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