Oil prices stuck below $30 on worsening glut fears
SINGAPORE: Oil prices were stuck near 12-year lows at below $30 in Asia Tuesday as Iran ordered a boost to crude production after the West lifted sanctions, exacerbating an already oversupplied global market.
About the Author
Syed Ammar Alavi - is Lahore (Pakistan) based journalist & writer with 25-year experience in print, wire and broadcast forms of journalism. His major fields of interest are politics, film,tv,sports, climate change and technology