Friday, 16 November 2018

Oversupply fears cloud outlook for U.S. crude in 2019

Oversupply fears cloud outlook for U.S. crude in 2019
16 November 2018, News Wires — The U.S. oil market is scrambling to adjust to a deep selloff over the last several weeks, with forward prices signaling a supply glut which could upend plans for producers and traders through 2019. U.S. crude futures plunged 7 percent on Tuesday, to settle at $55.69, their lowest level this … More »

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