crude oil: Crude oil prices: Demand-supply dynamics not favourable for immediate recovery

crude oil: Crude oil prices: Demand-supply dynamics not favourable for immediate recovery

Crude oil shed to a near four-month low last week due to easing supply tensions in the Middle East, rising OPEC exports, mixed economic data release from China, and a surge in US inventory levels. Prices corrected by more than 16 percent since the middle of October when it surpassed $90 a barrel on worries … Read more