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Oil settles down 1.25% as glut fear persists - CNBC
CNBC | Oil settles down 1.25% as glut fear persists CNBC While many expect global oversupply of oil to ease in the near term, huge amounts of crude remain in vessels at sea and storage tanks on land as the rebalancing takes longer than some had anticipated. Brent crude was down 54 cents, or 1.17 percent, ... Oil dives 4 percent on the week on US rigs rise, glut threat Oil Prices Fall on Glut in Refined Products Oil Down 2%, Eyes Weekly Loss, on Glut and U.S. Rigs Rise |
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