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2017-10-02 14:45:00

OIL PRICES: $50 - $60 AGAIN

OIL PRICES: $50 - $60 AGAIN

FT As traders and producers gathered in Singapore this week for Asia's biggest oil event, you might have expected a bit more optimism.

Oil prices reached their highest level in two years on the first day of the event as a succession of traders and analysts told the assembled crowds that global crude demand was soaring, helping to bring to an end the three-year glut that had devastated much of the industry.

But while pessimism no longer abounds,…

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Tags: OIL, PRICE
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