Oil Is Down 7% This Year: Is The Recent Slump A Portent Of Things To Come?

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist regardless of what happens in an oversupplied market.

By: Forbes

Oct 01 2024
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Oil Is Down 7% This Year: Is The Recent Slump A Portent Of Things To Come? — Oil Is Down 7% This Year: Is T

Working oil pumps against a sunset sky. getty A fresh round of bearishness has clobbered the global oil market in a likely sign of things to come for the remainder of the year and the first half of… [+4250 chars]

Latest Oil Market Slump Marks A Retreat That’s Degenerated Into A Rout

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