Oil markets may soon get hit by a global supply glut, weakening crude prices further

The slowdown bolsters the possibility that an oversupply of crude is looming, a threat that has limited oil prices to a roughly 7% gain this year despite OPEC+ production cuts and rising geopolitical tensions.

  Business   Aug 12, 2024   0   54  Add to Reading List
Oil markets may soon get hit by a global supply glut, weakening crude prices further
The slowdown bolsters the possibility that an oversupply of crude is looming, a threat that has limited oil prices to a roughly 7% gain this year despite OPEC+ production cuts and rising geopolitical tensions. Read More
Read Original   

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow