COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp
09 Dec COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp
Posted at 11:28h
in
News
by KMFSLLP
The weakening outlook for oil
consumption coupled with rising output from U.S. shale and
softer than expected U.S. sanctions on Iran have convinced most
traders the market is moving into a period of oversupply.
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