You are Trying to View a Free Article

Daily News You Can't Find Anywhere Else

Another Oil Glut Looms, an Industrial Info Market Brief


Industry Segment: Market Brief | Word Count: 100 Words
Attachment: Oil COVID 0820

After COVID-19 and other factors collapsed global oil demand in April and May, OPEC and OPEC+ cooperated to curb overproduction. But it looks like the cartel is headed toward increasing production again in August, a move that could backfire and cause more oversupply, resulting in lower oil prices.

Subscribe Now! All Fields Required...

Standard Membership - Free