OPEC grapples with oversupply concerns | Business| Economy and finance news from a German perspective | DW | 21.12.2018
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Business

OPEC grapples with oversupply concerns

The price of Brent crude is seeing a recovery this morning, after a midweek battering that saw prices drop to their lowest level in 15 months. The market is grappling with surging supply from the world's top-three producers — the United States, Russia and Saudi Arabia — at a time when demand for oil is expected to grow less than previously thought.

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