The reason for falling oil prices explained (maye)
Interesting article on Bloomberg today SEE IT HERE
Forum Discussion
I disagree with that article to a certain extent- it has been widely reported that oil below $80/bbl makes fracking unprofitable, so OPEC is cutting the price.
You know that boom in North Dakota? If they can sustain prices this low, that will be a bust, with the locals left with a disaster.
You know that boom in North Dakota? If they can sustain prices this low, that will be a bust, with the locals left with a disaster.
