Forbes | Worst Oil Market In A Generation Shows No Sign Of Stopping Forbes Against the backdrop of all of this conjecture is a more than two-year long global oil supply glut and price drop that has set the oil industry back on its heels. Lay-offs, bankruptcies and a general souring of the industry has become a “new normal ... High crude inventories a cause of concern for oil Algerian energy minister sees consensus on need to steady oil price - APS Consensus to steady oil price: Algeria |