Persistently High Supplies of Oil Leads to Market Woes
By By Michael McDonald, / Wednesday, May 3, 2017 9:52 AM
Last week was a tumultuous week for
traders in oil markets as lingering doubts over the effectiveness that a
production cut led by the nations of the Organization of Petroleum
Exporting Countries (OPEC) was achieving the desired result of reducing
global oil supply. The market has been saturated for over two years and
some producers
No comments:
Post a Comment