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Oil market shifts from supply shock to surplus, global glut fears rise
Oil market shifts to surplus raises global glut fears. New all-time high for crude oil by September 30 at 2.6% YES.
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oilprice.com
Oil Glut Calls May Be Getting Ahead of Reality | OilPrice.com
Despite record U.S. crude output, uncertainty over Iran, Hormuz, and regional production means the market may be underestimating ongoing supply risks.
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financialpost.com
Oil's Stunning Reversal Rekindles Fears of a Global Glut
Oil prices are tumbling everywhere as a peace deal between the US and Iran unleashes a wave of supply, overwhelming demand from buyers and prompting talk of a glut …
