Oil Prices Sink Below $60 As Oversupply Fears Intensify
Global crude oil prices slipped beneath the psychologically important $60-per-barrel threshold on Wednesday, as mounting expectations of excess supply weighed heavily on market sentiment. Analysts increasingly believe the global oil market is heading toward a prolonged glut, a view reinforced by fresh projections from Goldman Sachs pointing to further price weakness into 2026. Market pressure … Continue reading Oil Prices Sink Below $60 As Oversupply Fears Intensify
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