Oil Market Could Hit ‘Red Zone’ in July-August, IEA Chief Says

By Reuters (Reuters) – The start of peak summer fuel ​demand combined with the lack of ‌new oil exports from the Middle East and depleting stocks could push the oil ​market into the “red zone” in July-August, ​the head of the International Energy ⁠Agency said on Thursday without elaborating. The ​world entered the oil supply crisis … Read more