Business
Oil Heads for Deepest Annual Loss Since 2020 on Surplus Concerns
SOURCE:Bloomberg|BY:Charlie Zhu, Sarah Chen
Oil headed for its steepest annual loss since the pandemic in 2020, with prices undermined by concerns about a punishing surplus that’s set to dominate market sentiment and trading into the new year.
Oil headed for its deepest annual loss since the pandemic in 2020, with prices undermined by concerns about a punishing surplus that’s set to dominate market sentiment and trading into the new year.