WS #11135
Brent crude posts biggest monthly decline since March 2020 (-21%) as Strait of Hormuz flows recover faster than expected, with analysts warning of a near-term supply glut.
Oil Price Collapse & Supply Glut Fears
Brent crude posts biggest monthly decline since March 2020 (-21%) as Strait of Hormuz flows recover faster than expected, with analysts warning of a near-term supply glut.