| A massive global stockpile of oil could mean trouble ahead for the global crude market, according to Barclays. Crude oil prices dropped to a two month low on Thursday, after the Energy Information Administration reported a smaller-than-expected decrease in oil stockpiles. That may be a canary in the coalmine, a top energy market watcher explained.
"For the last 6 quarters there's been this discrepancy between global supply and global demand," Michael Cohen, head of energy commodities research at Barclays, said..............................................Full Article: Source
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