Davide Ghilotti
Breaking news and engagement editor at Upstream
Analysis

A short-term oil glut must not hinder exploration investment

Any coming glut in global crude production is the fruit of past exploration efforts - but sustained E&P spending will be needed to prevent a potential future shortage

Expectations of a short-term crude oil glut should not mask the need for continued exploration efforts in order to meet future demand.
Expectations of a short-term crude oil glut should not mask the need for continued exploration efforts in order to meet future demand.Photo: RYTIS DAUKANTAS/UPSTREAM
Published 17 October 2025, 12:01Updated 17 October 2025, 12:01