US and Canadian crude surplus on track to hit 9-10 million bpd by 2027-2028, strategist says

Bloomberg Intelligence strategist Mike McGlone says the US and Canadian surplus of crude oil and liquid fuels is on track to reach 9 million barrels a day in 2027 and 10 million barrels a day in 2028, unless curtailed by lower prices.

Detected & updated continuously · Source: Nebula