OIL AT $20s NO MORE A DREAM BUT DISTINCT POSSIBILITY
MARKET HAS ONLY ONE WAY TO GO, WHICH IS DOWNWARDS
2020-03-12 11:04
-
A heady cocktail of ego, frustration, power struggle and one-upmanship is what has led to the current commotion in the oil market, which is of course welcome news for consuming countries like India. After shedding a third of its value, crude has since made some marginal recovery, but the overall trend continues to be downward, with new predictions putting the price in the early $20s.