Barclays: There's a New Oil Glut in Town

And it could make the old glut even bigger

Somewhere in this refinery is perhaps an oversupply of petrol.

Photographer: Andrey Rudakov/Bloomberg

As crude oil continues to rip higher—it's currently in the midst of its best three-day performance since January 2009—analysts at Barclays highlight one reason why this rally could prove to be short-lived.

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