#Trafigura

Projections warn of a potential “super glut” in 2026.
Analysis by a Trafigura expert

Explaining the ‘super glut’ and its potential impact on Vaca Muerta in 2026

Saad Rahim, chief economist at Trafigura, one of the world’s leading commodity traders, is forecasting a 2026 marked by a crude oil oversupply, or “super glut,” which would have a direct impact on barrel prices. How local operators will adapt to this new global environment is one of the key questions heading into the year ahead.