The past two weeks have been pretty significant in terms of the general direction of oil futures benchmarks. As the market grappled with the Iranian nuclear settlement, Greece’s debt woes, seemingly lower Chinese demand and oversupply permutations, the International Energy Agency opined that oil prices were likely to go lower.
The past two weeks have been pretty significant in terms of the general direction of oil futures benchmarks. As the market grappled with the Iranian nuclear settlement, Greece’s debt woes, seemingly lower Chinese demand and oversupply permutations, the International Energy Agency opined that oil prices were likely to go lower.
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