The oil market is on track for a record surplus that could lead to a sharp drop in prices. The International Energy Agency (IEA) predicts that oil inventories will grow by 2.96 million barrels per day in 2026, faster than the growth seen at the start of the coronavirus pandemic. Oil demand ... #Brazil #BrentOil #China #IEA #India #Oilmining #OilPrices #OPEC
World oil prices have fallen by 6%, to a 4-week low. According to Reuters, world oil prices have fallen by about six percent – to a four-week low – due to the strengthening dollar and fears of a recession. The strengthening of the dollar an... #BrentOil #OilPrices #WorldOilPrices #WTIprice
