If oil market players thought things could not get any worse after this hellish year, then they might be in for a nasty surprise next year.
Prices have hit rock bottom over the past 12 months, but hopes of a recovery are being clouded by forecasts showing demand is unlikely to even match levels seen last year.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
