Oil bankruptcies ahead as supply glut continues rise
As oil supply continues to rise, producers begin to feel the pinch.
Nathan Smith Wed, 04 Feb 2015
The glut of crude keeping global prices at record lows will continue for some time as the battle for market share continues in the oil sector, say experts.
Both Opec and non-Opec crude oil production remains high, but the low market crude price is proving insufficient to stimulate consumption in