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Tuesday, November 13, 2018

OPEC warns of 2019 oil glut as demand slows, rival supply rises

OPEC warned on Tuesday that an oil supply glut could emerge in 2019 as the world economy slows and supply from rival producers rises more quickly than expected, building a case for cutting output at a meeting next month.


from Reuters: Business News https://ift.tt/2qJ6MxO

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Pound falls as borrowing costs rise to highest since 2008

Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans. from BBC News https://ift.tt/ohNK5jU