Posts Categorized: crude oil

Iran flooding !

To make matters worse for the oil market, Iran is unleashing its massive crude oil inventories (in storage). It will take it some time to return to production levels that existed prior to the sanctions, but when it does, the markets are going to be even more oversupplied.

pétrole Iran

Bearish Oil

Crude oil turned decisively weaker in the last few days. Both fundamental and technical factors are not great.

crude oil