Oil prices dip as global oversupply outweighs strong demand

10 March 2016, Singapore — Oil prices dipped on Thursday after U.S. crude hit 2016 highs the day before and Brent shot back over $40 per barrel, with analysts warning that larger gains would be unwarranted as a global glut continues to outweigh strong demand. Expectations of more stimulus from the European Central Bank (ECB) […] More »