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How much demand must break to fix a broken oil market?
Livemint
1 day ago
Bullish
As oil prices continue to rise, triggered by escalating conflict in West Asia, a contraction in oil consumption could be the way forward to stabilise the global energy markets, according to a report by PL Capital. Some of the demand curtailment is already und…
The escalating conflict in West Asia is forcing the global oil market into a phase of demand destruction, with nearly 4.8 million barrels per day (mbpd) of supply shortfall expected to be absorbed th… [+2208 chars]
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