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Oil Is Still heading to $10 a Barrel
Posted July 1st, 2016 at 11:24 am (UTC-5)
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[T]he world continues to be awash in crude, and American frackers have replaced the Organization of Petroleum Exporting Countries as the world’s swing producers. The once-feared oil cartel is, to my mind, pretty much finished as an effective price enforcer.
Oil Is Still heading to $10 a Barrel
[T]he world continues to be awash in crude, and American frackers have replaced the Organization of Petroleum Exporting Countries as the world’s swing producers. The once-feared oil cartel is, to my mind, pretty much finished as an effective price enforcer.