Tuesday, January 13, 2015

Back to the Future? Oil Replays 1980s Bust

A surge of oil from outside of the Middle East flooded global energy markets. The world-wide thirst for crude didn’t keep up. OPEC stood by as prices fell and then fell more. Welcome to the world of oil in 2015—a repeat in surprising ways of the story 30 years ago.



from WSJ.com: US Business http://ift.tt/17FxETN

via IFTTT

No comments:

Post a Comment