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KM Financial Solutions | RPT-COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp
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RPT-COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp

10 Dec RPT-COLUMN-Oil traders focus on deteriorating economic outlook rather than OPEC: Kemp

Posted at 01:00h in News by
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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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