Oil heading for longest slump since 2020 amid growth concerns - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Wednesday, 31 August 2022

Oil heading for longest slump since 2020 amid growth concerns

Consumption of crude and oil products hasn’t matched expectations in most places in the world which matter,” said Georgi Slavov, global head of fundamental research at London brokers Marex. “Meanwhile, there is still a consistent accumulation of supply along the entire supply chain and the result is this price weakness we’re seeing.

from Commodities-Markets-Economic Times
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