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Markets

World news about “Markets” published by euronews.

MARKETS | 01/09 17:00 CET

Oil price slump resumes as traders see slowdown compound glut

Oil price slump resumes as traders see slowdown compound glut

At the moment it seems to make more economic sense to store petrol rather than sell it, hoping for a price rise. But that looks unlikely as it is on the slide again after a mini-rally in the last few days. OPEC’s refusal to cut production is hurting its competitors…