High Interest Rates Could Turn Next Oil Glut Into a Crisis ...Middle East

OILPRICE - Economy
High Interest Rates Could Turn Next Oil Glut Into a Crisis
source : OILPRICE ( Middle East ) () 53
Bloomberg’s Javier Blas warned on Monday that the next oil glut will be harder and costlier to finance than any in recent memory, describing a “cartoonish” surplus forming as new barrels from Guyana, Brazil, the United States and the Middle East converge with slower demand growth and sharply higher borrowing costs. In a column for EnergyNow, Blas argues that the most dangerous element of the coming oversupply is not the scale of production but the price of money.  In previous downturns, cheap credit allowed traders to hold…

Hence then, the article about high interest rates could turn next oil glut into a crisis was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( High Interest Rates Could Turn Next Oil Glut Into a Crisis )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Discovery Point Franchising, Mooresville Celebrates One Year of Learning, Growth, and Community Impact
PR Newswire - before 8 hours & 10 minute
NatGold Token Reservations Surpass a Quarter Billion Dollars, Marking a Year-End Milestone
PR Newswire - before 5 hours & 28 minute
Arzopa to Unveil Portable Display and Smart Digital Frame Innovations at CES 2026
PR Newswire - before 7 hours & 6 minute
CGTN: polityka wewnętrzna Chin: kluczowe priorytety płynące z inspekcji i spotkań prowadzonych przez prezydenta Xi w 2025 roku
PR Newswire - before 11 hour & 35 minute
TAYLOR DEVICES ANNOUNCES FISCAL YEAR 2026 SECOND QUARTER AND FIRST HALF RESULTS INCLUDING RECORD HIGH SALES FOR BOTH THE SECOND QUARTER AND FIRST HALF
PR Newswire - before 9 hours & 49 minute
Cango Inc. Verzekert 10,5 miljoen USD aan investeringen van EWCL om de groei te versnellen
PR Newswire - before 11 hour & 50 minute
TennRich expande el ecosistema de energía portátil Energizer® en Europa con disponibilidad inmediata de stock
PR Newswire - before 11 hour & 19 minute
The Growing Backlash Against Data Center Expansion
OILPRICE - before 7 hours & 28 minute
Carolyn DuChene joins Board of Directors of MUFG Americas Holdings Corporation and U.S. Advisory Board
PR Newswire - before 8 hours & 20 minute
Dollar on track for annual decline amid stable Yen, rebounding Euro, pound sterling
SABA NET - before 8 hours & 9 minute
CGTN: V rámci domácej agendy Číny: kľúčové priority z inšpekcií a stretnutí Si Ťin-pchinga v roku 2025
PR Newswire - before 2 hours & 22 minute
How to do Martin Lewis-backed 1p savings challenge in 2026
INDEPENDENT - before 8 hours & 18 minute


Latest News

CGTN : l'agenda national de la Chine : principales priorités à la suite des inspections de Xi Jinping et des réunions organisées en 2025

before 17 minute

Graphite Mining Stocks Are Flying Amid China Tensions, Battery Boom

before 24 minute

CGTN: О внутриполитической повестке Китая: основные приоритеты инспекций и встреч Си Цзиньпина в 2025 году

before 29 minute

Trump ends effort to bring National Guard to Chicago, Los Angeles and Portland

before hour & 5 minute

Le retour au pays d'Edward, de Quzhou dans le Hebei aux champs d'Afrique

before hour & 17 minute

South Korea Quitting Coal Will Hurt US LNG and Australian Coal Exports

before hour & 24 minute

CGTN: V rámci domácej agendy Číny: kľúčové priority z inšpekcií a stretnutí Si Ťin-pchinga v roku 2025

before 2 hours & 22 minute

Electric Vehicles and Nuclear Power Are Fighting Over One Obscure Mineral

before 3 hours & 22 minute

Protests Push Iran Into a New Phase of Turmoil

before 5 hours & 26 minute

NatGold Token Reservations Surpass a Quarter Billion Dollars, Marking a Year-End Milestone

before 5 hours & 28 minute

Greener stays, greater impact: How Wyndham Hotels are powering sustainable travel in Saudi Arabia

before 6 hours & 57 minute

Arzopa to Unveil Portable Display and Smart Digital Frame Innovations at CES 2026

before 7 hours & 6 minute

Liberia: Liberia Eyes U.S.$3b Revenue Potential From Mining, Energy Sector

before 7 hours & 12 minute

The Growing Backlash Against Data Center Expansion

before 7 hours & 28 minute

Dollar on track for annual decline amid stable Yen, rebounding Euro, pound sterling

before 8 hours & 9 minute