Oil: Overflowing Supply, Clouded Outlook
Christiane Tager, 19:30 - Reading : 2 minute(s)
Oil markets face a striking paradox: crude prices remain resilient despite a looming oversupply. Global production is swiftly rising, yet the lack of reliable data on certain stockpiles and sanctioned oil makes it difficult to assess the true balance between supply and demand, according to Reuters and the Financial Times. Analysts agree that ...