Forecasts of an oil glut clash with reality.
Prices stay stable because sanctions on Russia and China’s ongoing crude imports/storage keep supply-demand tighter...
Crude oil prices stabilized today after inching up on Tuesday following the news of new U.S. sanctions on people involved in exporting Iranian crude...
...China has been one of the main drivers of the 2000-2014 commodities supercycle
...Slower economic growth and a huge debt bubble pose a tremendous risk...
...While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing
...Without a significant uptick...