Oil declined as the International Energy Agency changed its view on the global oversupply, seeing a glut persisting into 2017. Futures dropped as much as 2.7 percent in New York after gaining 0.9 percent Monday. The oil surplus will last longer than previously thought as demand growth slumps and supply proves resilient, the IEA said in its …
Source: FuelFix
2,725
Subscribe
0 Comments
Oldest