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Bears return to global oil markets

Wide sell-off of oil futures is seen across Europe and the US following a sudden swing in mood and projections of higher supply

In the spotlight: the Organization of the Petroleum Exporting Countries (Opec) headquarters in Vienna, Austria
In the spotlight: the Organization of the Petroleum Exporting Countries (Opec) headquarters in Vienna, AustriaPhoto: AP/SCANPIX
  • Vladimir Afanasiev
Published 1 August 2022, 16:52Updated 1 August 2022, 16:52
Brent CrudeOpec+LibyaChinaNorth America