Is There Too Much Oil?

Entertainment (now)
Entertainment (now)
  • 5 years ago
LONDON (Reuters) - Oil prices fell more than 4 percent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford Stock markets dropped worldwide after the U.S.

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