Current Oil Price Slump Far From Over – OilPrice.com


iStockAnalyst (press release)
Current Oil Price Slump Far From Over
OilPrice.com
The oil price collapse of 2014-2015 began one year ago this month (Figure 1). The world crossed a boundary in which prices are not only lower now but will probably remain lower for some time. It represents a phase change like when water turns into ice
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