Oil Producers Have $100 Billion Wiped Out in Worst Start to Year

  • Bloomberg World Oil & Gas index down 5.6% as crude slumps
  • PTT, Apache, Sinopec lead declines in the index this year

Will Oil Oversupply End in the Next 6 to 12 Months?

Crude’s plunge keeps piling on the bad news for oil producers, who are having the worst start to a year on record. 

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