Oil price to fall further as market 'could drown in over-supply'
The oil price is set to fall further this year as supply vastly exceeds demand
Paris - AFP
The oil price is set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran's return to the market offsetting any production cuts from other countries, the IEA said on Tuesday.
"Can it go any lower?" the International Energy Agency asked in its monthly oil market report. "Unless something changes, the oil market could drown in over-supply. So the answer to our question is an emphatic yes. It could go lower."
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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