Telegraph.co.uk | Big banks flag dangers of financial bubble in oil and commodities Telegraph.co.uk Miswin Mahesh, the bank's oil strategist, said a glut of excess oil is emerging in the mid-Atlantic, with inventories rising at a rate of 1m barrels a day (b/d). Angola and Nigeria are sitting on 80m barrels of unsold crude and excess cargoes are ... China Has Become the World's Biggest Crude Oil Importer for the First Time Oil slips lower amid debate on US shale oil recovery Oil holds under $60 as traders weigh China demand |