Tag: oversupply
Browse our exclusive articles!
Oil edges lower for fourth day on oversupply concerns
Oil prices edged lower on Thursday, extending a run of declines into a fourth day due to concerns about oversupply in the market.Brent crude...
Oil holds steady with focus on Russian trade, looming oversupply
Oil was little changed after advancing last week, as traders weighed moves to crack down on Russian flows against forecasts for a surplus later...
Steel industry backs 12% safeguard duty amid global oversupply pressures
India’s steel industry is confident that the 12% safeguard duty recently imposed on imports of certain flat steel products will be sufficient to protect...
