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Investors Iraq News
01-19-2016, 05:59 PM
Until glut shrinks, oil price fall would not stop

Presently, the world is experiencing heavy oil production, and it seems that price would continue falling until glut shrinks. The oil glut - the unsold crude that is piling up around the world - is a quandary and a source of investor anxiety that once again rattled global markets Friday.

Source: IraqDirectory.com (http://iraqdirectory.com/en/2016/01/19/30458/until-glut-shrinks-oil-price-fall-would-not-stop.aspx)

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