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Oil market

World news about “Oil market” published by euronews.

02/09 15:16 CET

Future forecasts vary as oil continues slide

Future forecasts vary as oil continues slide

With even fewer signs that market oversupply is coming to an end, the price of oil continued to fall on Wednesday. To add to the furious pumping of oil producers is now the prospect of a serious slowdown in China and Asia, adding demand-side price pressures. In the last 12…