US deputy energy secretary: I don't think there will be an oil glut in 2026
ReutersNov 3, 2025 11:30 AM
ABU DHABI, Nov 3 (Reuters) - The U.S. Department of Energy's deputy secretary, James Danly, said on Monday that he does not think there will be an oil glut in 2026.
"We have a demand signal for energy that is going up rapidly", Danly said at the ADIPEC energy conference in Abu Dhabi.
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