StanChart Finally Turns Bearish, Cuts Oil Price Forecast By $15/bbl
Last month, we reported that commodity analysts at Standard Chartered have been bucking the overwhelmingly bearish sentiment pervading…
Inside the Hidden Oil Glut
There is once again a great deal of noise regarding the oil glut. Some say it is the…
Global Crude in Transit Reaches Record 1.24 Billion Barrels as Supply Surges
By Julian Lee (Bloomberg) — A flotilla of crude oil on the world’s oceans expanded to a fresh…
Crude Traders Split on Whether the Glut Has Arrived
Predictions of an oil glut have dominated oil market reporting for months. Bloomberg this week suggested the first…