mardi 13 janvier 2015

OPEC’s squeeze on U.S. oil independence could succeed

The price of crude oil, adjusted for inflation, is at 1979 levels, having fallen by more than 50% since June 2014. Weak demand contributes perhaps 30%-40% of the fall. In 2014, oil demand grew by around 500,000 barrels per day, below the 1.3 million barrels of growth projected earlier, reflectin...

OPEC’s squeeze on U.S. oil independence could succeed

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