Culture
Oil posts weekly loss on oversupply concerns
IEA forecasts published on Thursday indicated that global oil supply will exceed demand by 3.8 million barrels per day next year Oil…
Tag
oversupply
Culture
Oil eases amid uncertainty around Russia-Ukraine peace plan, oversupply worries
Oil prices declined 1 per cent on Tuesday (Dec 2) as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply.…
Culture
Oil prices slide 2% on worries about global oversupply, US demand
Oil prices slid on Thursday, settling about 2 per cent lower as concerns over possible softening of US demand and broad oversupply offset…
Fashion
Oil drops as dour economic outlook adds to oversupply concerns
OIL prices fell on Thursday (Dec 19) after central bankers in the US and Europe signalled caution over further easing of monetary policy,…