- Crude futures slip as oversupply and demand concerns resurface.
- Market concerns have prevailed over the inadequacy of the recent OPEC+ deal to balance out the sharp decline in oil demand.
- Platts sees 2020 global oil demand contracting in its March outlook.
Crude oil futures were lower in mid-morning trade in Asia Monday as oversupply concerns and doubts of demand recovery take center stage again, writes Jeslyn Lerh for Platts.
At 10:15 am Singapore time (0215 GMT), ICE Brent June crude futures...
https://mfame.guru/crudes-slide-as-oversupply-and-demand-fears-recur/