OilMarket
The 2026 Global Oil "Tug-of-War": Supply Glut vs. Geopolitical Risks
As of February 16, 2026, the global energy market finds itself trapped in a violent "tug-of-war" between gravity-defying geopolitical tensions and a relentless structural supply glut. While the International Energy Agency (IEA) has sounded the alarm on a massive projected surplus of nearly 4 million barrels per day