Market Bets on Cheaper Oil, Dashing Saudi Hopes for a Price Rebound

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Market Bets on Cheaper Oil, Dashing Saudi Hopes for a Price Rebound
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Saudi Arabia is cutting back output, but a key indicator suggests traders believe supplies won’t shrink for months

Michael M. Santiago/Getty Images The oil market has sent a warning to Saudi Arabia and everyone else betting that prices are poised for a rebound: Don’t count on it.Continue reading your article with.

Michael M. Santiago/Getty Images The oil market has sent a warning to Saudi Arabia and everyone else betting that prices are poised for a rebound: Don’t count on it.Continue reading your article with
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