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US oil prices slide after IEA casts doubt over demand outlook - Reuters.com
Reuters.com | US oil prices slide after IEA casts doubt over demand outlook Reuters.com “Using a scenario whereby current levels of OPEC production are maintained, the oil market faces a difficult challenge in 1Q18 with supply expected to exceed demand by 600,000 bpd followed by another, smaller, surplus of 200,000 bpd in 2Q18,” the ... Oil falls 2 percent on rising US output, global demand concern EVs Won't Stifle Oil Demand Anytime Soon US crude sinks nearly 2%, settling at $55.70, on concerns about global demand and rising US output |
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