The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 24, 2026
· 3 min read
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‘We are in a mini glut for now’: Oil markets start to signal near-term oversupply
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Heuristic (v1/v3)
0.00 · CENTER-RIGHT
ML v2 (DistilBERT)
0.278 · RIGHT
Ensemble
0.139 · CENTER
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Article Excerpt
‘We are in a mini glut for now’: Oil markets start to signal near-term oversupply
GEORGINA MCCARTNEY
HOUSON
REUTERS
PUBLISHED JUNE 24, 2026
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Prices of Brent crude oil for second-month delivery traded higher on Wednesday than prices for prompt delivery for the first time since the Iran war started in late February, signaling increased near-term supply.
Brent, the global benchmark, traded 12 cents higher for contracts delivering in September versus those …
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