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Looks like the BBC left their work experience students in charge of the clickbait department. Let's see true professionals at work: http://www.bloomberg.com/new
by to3m 11y ago
Looks like the BBC left their work experience students in charge of the clickbait department. Let's see true professionals at work: http://www.bloomberg.com/news/articles/2015-09-17/even-a-slowing-china-is-oil-s-best-defense-against-deeper-slump http://www.bloomberg.com/news/articles/2015-09-17/even-a-slo...
- Animats 11y agoOf course China is buying now. Oil is cheap. Good time to stock up. The price of oil is not conspiracy driven at the moment. It used to be, back when OPEC had more control. Now that everybody has fracking technology, supply exceeds demand, and OPEC can't do much about the price. For an overview of OPEC (mostly Saudi) thinking on this, see [1]. [1] http://business.financialpost.com/news/energy/saudi-arabia-was-worried-about-a-danger-much-bigger-than-shale-when-it-blindsided-oil-markets http://business.financialpost.com/news/energy/saudi-arabia-w...