Post Tagged with: "oversupply issues"

Source: CNBC

Brent crude will need to work through oversupply issues despite the OPEC+ output cut, says analyst


Brent crude needs to work through its oversupply issues before it can punch through its current price range of between $40 and $50 per barrel, according to Thom Payne, director at Westwood Global Energy Group.

That’s despite the latest …