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URL: https://www.thefinancialtrends.com/2022/11/25/oversupply-warning-signs-flash-in-global-oil-markets/
Site: The Daily Financial Trends - Trends Make The Portfolio
Title: Oversupply Warning Signs Flash In Global Oil Markets - The Daily Financial Trends
Description: As China grapples with a surge of Covid-19 cases, a closely watched-gauge of Asian oil-demand has fallen to a seven-month low. On Thursday, the premium of Oman futures over Dubai swaps dropped beneath $1 per barrel on the Dubai Mercantile Exchange. So far this month it has dropped about 80%. In November, global oil markets
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