North Sea Oil Loadings to Hit 8-Year High as Global Glut Mounts

North Sea crude exports are set to climb to the highest level in more than eight years next month, adding to a growing global supply glut that’s expected to weigh...

By Sherry Su · Bloomberg Markets

North Sea crude exports are set to climb to the highest level in more than eight years next month, adding to a growing global supply glut that’s expected to weigh on oil markets into 2026.