Oil edged down and MUFG said prices were unlikely to hold on to current levels due to Russia’s aggressive crude discounting, OPEC+’s spare capacity and a projected global surplus this year.
Home » Oil Gains Might Be Short-Lived, MUFG Says
Oil edged down and MUFG said prices were unlikely to hold on to current levels due to Russia’s aggressive crude discounting, OPEC+’s spare capacity and a projected global surplus this year.