November 8, 2026
Business

How much demand must break to fix a broken oil market?(Soban News)

As oil prices continue to rise, triggered by escalating conflict in West Asia, a contraction in oil consumption could be the way forward to stabilise the global energy markets, according to a report by PL Capital. Some of the demand curtailment is already underway. 

​As oil prices continue to rise, triggered by escalating conflict in West Asia, a contraction in oil consumption could be the way forward to stabilise the global energy markets, according to a report by PL Capital. Some of the demand curtailment is already underway. Â by Soban News (international And National News)

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