MarketWatch | Oil Glut Set to Worsen as Nigeria and Libya Fields Restart Bloomberg Amid the most enduring global oil glut in decades, two OPEC crude producers whose supplies have been crushed by domestic conflicts are preparing to add hundreds of thousands of barrels to world markets within weeks. Libya's state oil company on ... Oil prices waver with global glut worries in the background When oil turns it will be with such lightning speed that it could upend the market again China's ambitious oil futures contract delayed |