Bloomberg | Longest Oil Glut in Decades Looms as OPEC Lifts Market Share Bloomberg Oil supply has exceeded demand globally for the past five quarters, already the most enduring glut since the 1997 Asian economic crisis, International Energy Agency data show. If the Organization of Petroleum Exporting Countries were to keep pumping at ... A Funny Thing Happened on the Way to an Oil Market Rebalance Why oil prices are responding positively to bad news Longest oil glut in decades looms as OPEC pumps up market share |