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Oil Market's Glut Narrative Just Blew Up | OilPrice.com
Demand for crude oil globally fell by close to 5% in the second quarter of the year, according to IEA data, as a natural result of the oil price spike caused by the war in the Middle East.
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zerohedge.com
Iran And Houthis Add $49 To Oil; Demand Cuts $10
The Iran war has removed a significant share of global supply. Now Houthi attacks threaten to choke off even more barrels. Consumers are adjusting by paying more for the remaining…
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oilprice.com
Oil Market's Glut Narrative Just Blew Up | OilPrice.com
Demand for crude oil globally fell by close to 5% in the second quarter of the year, according to IEA data, as a natural result of the oil price spike caused by the war in the…