• OIL PRICE

    Oil Prices Slump To $44pd On IEA Glut Forecast

    | Leave a comment

    World oil prices slumped by about three per cent yesterday, in response to reports by the International Energy Agency (IEA), which forecast that the oil glut will protract till mid-2017, at least six months longer than it had earlier projected. While U.S. West Texas Intermediate crude fell $1.39 or 3 per cent to settle at…

    Continue Reading ...

Daily Columns