The Glut Strikes Back as Oil Returns to Brink of Bear MarketBy
Surplus is harder to kill than Saudis and Goldman predicted
Brimming inventories and returning supply prolong downturn
The bullish spirit that gripped oil traders as industry giants from Saudi Arabia to Goldman Sachs Group Inc. declared the supply glut over is rapidly ebbing away.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.