Why Are Oil Prices Dropping Sharply? Global Economy Forecasts Lowered

Capt. John

Oil prices jumped in September and early October of this year (2018), but have dropped $20 a barrel in the last few weeks. The sharp turnaround is attributed to OPEC’s inability to cut supply, but this is old-fashioned thinking. OPEC’s power is a small fraction of what it was in the 1970s. What’s...

https://www.hellenicshippingnews.com/why-are-oil-prices-dropping-sharply-global-economy-forecasts-lowered/

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