Macquarie Warns of Oil Surplus Risk from Potential US-Iran Deal

Analysts from Macquarie Ltd. predict a potential oversupply in oil markets before the end of the year, citing mounting pressure on Washington to finalize a deal with Iran ahead of the midterm elections.

27 Jul, 18:32 — 27 Jul, 18:32

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bloombergHigh34d ago

Macquarie Sees Oil Surplus Risk on US-Iran Deal Before Midterms

Oil markets could tilt back into oversupply before the end of the year as Washington faces mounting pressure to end the Iran conflict with fewer than 100 days until the midterm elections, analysts from Macquarie Ltd said.

By Lucia Kassai

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Macquarie Warns of Oil Surplus Risk from Potential US-Iran Deal

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Macquarie Sees Oil Surplus Risk on US-Iran Deal Before Midterms

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