Oil Price ‘Smile’ Could Leave Traders in Tears

Ron Bousso Summary IEA, EIA forecast large supply overhang in coming quarters Yet future Brent oil price do not reflect the need to store oil Geopolitical tensions blur the outlook for supply and demand LONDON, Aug 20 (Reuters) – A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created … Read more