The oil market is in a better place right now than it was a year ago. Thanks to the impact from underinvestment in new production and OPEC’s output cuts, the market is getting back into balance, and crude supplies are coming down.
The oil market is in a better place right now than it was a year ago. Thanks to the impact from underinvestment in new production and OPEC’s output cuts, the market is getting back into balance, and crude supplies are coming down.