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The 'oil price war' was 3 weeks ago. Things are changing fast these days.
by jesuschroist 7y ago
The 'oil price war' was 3 weeks ago. Things are changing fast these days.
- Synaesthesia 7y agoIt’s not like that’s suddenly over now. But on top of that, demand is even lower, because fewer people are flying and driving around.
- jesuschroist 7y agoYes, but the article describes the problem of physical storage running out. This affects the price much stronger than some political gamble.
- solinent 7y agoHere's a good breakdown of crude oil usage I found interesting: https://www.eia.gov/energyexplained/oil-and-petroleum-products/ https://www.eia.gov/energyexplained/oil-and-petroleum-produc...