Category Archives: Over supply

Crude oil could drop to $30 again as oversupply may persist: Fesharaki

Crude oil could drop to $30 again as oversupply may persist: Fesharaki http://www.cnbc.com/2017/06/13/crude-oil-could-drop-to-30-again-as-oversupply-may-persist-fesharaki.html Re-posted from CNBC. Geoff Geoff Comments: As oil producers are financially squeezed, they continue to feed the glut with more oil because they need the cash to … Continue reading

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