The commodity started expanding Grow.strong from the crisis Crisis in 1998 when demand ranged between 94-96 million barrels per day ( mb/d ) on a quarterly basis .

The commodity started expanding Grow.strong from the crisis Crisis in 1998 when demand ranged between 94-96 million barrels per day ( mb/d ) on a quarterly basis .

Oil prices have collapsed Movement.down.loss this year as the Organization of the Petroleum Exporting Countries opted to maintain Movement.flat the same level of output despite a global glut Oversupply caused by expanding Grow.strong U.S. shale output and diminished Slow.weak demand growth from China .

Oil prices have collapsed Movement.down.loss this year as the Organization of the Petroleum Exporting Countries opted to maintain Movement.flat the same level of output despite a global glut Oversupply caused by expanding Grow.strong U.S. shale output and diminished Movement.down.loss demand growth from China .