Oil Rebounds on Middle East Risks
Oil prices rebounded following the previous session’s selloff, but further gains will likely be capped by weak demand in China and prospects of a global supply surplus next year as OPEC+ gets ready to increase output.
Oil prices rebounded following the previous session’s selloff, but further gains will likely be capped by weak demand in China and prospects of a global supply surplus next year as OPEC+ gets ready to increase output.
