Tag: Oil supply glut

Here Is What Went Wrong With U.S. Oil Market

| August 30, 2016 | 0 Comments
Here Is What Went Wrong With U.S. Oil Market

The chart shows what a truly relentless glut looks like It usually comes in small-sounding and unlarming increments. But add up enough of these increments, and pretty soon you have some real numbers. Today was another one of those, and it hit a huge milestone. The Energy Information Administration released its new set of weekly […]

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