Glut

Oil hits 2016 peaks on fading supply glut fears

LONDON: World oil prices soared this week to 2016 highs as Canadian and Nigerian supply… Read More

Oil prices dip after rally

LONDON: Oil prices dipped Monday as the rally sparked by prospects of a cut to… Read More

Oil price recovery not backed by fundamentals: OPEC

VIENNA: A recovery in oil prices which began last month is not justified by fundamentals… Read More