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oversupply

Oil-prices-petrol-pump

Oil prices fall on lingering oversupply concerns

27/04/2017(0)
Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders said that prices seemed to have found support around current levels. U.S. ... Read More
View of gasoline pumps at a petrol station in Paris

Oil prices claw back some losses, but oversupply still weighs

20/04/2017(0)
Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop in U.S. crude inventories stoking hopes that a global supply overhang might ... Read More
China-Oil-Prices_Hays

Oil prices fall as U.S. rig count stokes oversupply worries

03/04/2017(0)
Oil futures dipped on Monday as a higher U.S. rig count indicated rising shale output and stoked worries about global oversupply, while a stronger dollar also pressured prices. International ... Read More
A gas station attendant pumps fuel into a customer's car at PetroChina's petrol station in Beijing

Oil rises after month of steady decline but oversupply still weighs

01/08/2016(0)
Oil rose on Monday, driven by new orders as traders staked out positions at the start of the new month, but the market remains dogged by a crude glut, ... Read More
Broker Cyprus TopFX