Yesterday and today, oil prices dropped significantly. WTI went down to $54+ per barrel. Until last Monday January 20, prices were $58+ a barrel. And days after the killing of Soleimani, "WW 3" and related hashtags became famous and oil prices went up to $64+ a barrel.
Now, war alarmism has faded. The US public's attention went to the impeachment, corona virus, etc.
More global oil-gas production, more supply stability, and lower oil prices. That's what we need.
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See also:
Now, war alarmism has faded. The US public's attention went to the impeachment, corona virus, etc.
More global oil-gas production, more supply stability, and lower oil prices. That's what we need.
----------------
See also:
Energy 129, Fault in OPEC supply cut and oil price decline, September 04, 2019
Energy 130, US crude oil and natgas productionoduction, October 31, 2019
Energy 131, Labor productivity by power sources, November 19, 2019
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