The Guardian | Global oil glut set to continue despite efforts to prop up price The Guardian The world's oil glut is likely to persist next year in a blow to efforts by major producers to shore up the oil price by cutting output, according to a leading energy authority. Growth in oil supply will outstrip growth in demand during 2018, driven by ... America Can Spin the Oil World on Its Axis Oil drops, roiled by bearish US crude inventory report Oil sinks more than 3.5 percent on shock US gasoline stocks build |