New technology dashes hopes for US$100 oil – South China Morning Post (subscription)


South China Morning Post (subscription)
New technology dashes hopes for US$100 oil
South China Morning Post (subscription)
Oil prices are unlikely to go back to US$100 a barrel because new technology is driving down the cost of production, said Larry Fink, the chief executive and co-founder of BlackRock, the world’s biggest money manager. “This is an oil shock that was …
Oil-Price Rebound to $100 Seen as Unlikely by BlackRock CEO FinkHellenic Shipping News Worldwide

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