Oversupply in the oil market that caused the collapse of quotations, may be the result of statistical errors of the International energy Agency (IEA). This means that the price of oil will probably recover much faster than expected. About it writes The Wall Street Journal. “According to the IEA estimates, …
Read More »WSJ: low oil prices could be the result of statistical errors
At the International energy Agency can’t see where the “share” of 800 thousand barrels of “extra” oil. If you don’t find that the prices can recover much faster than anticipated. Oil prices can recover much faster than previously expected, writes The Wall Street Journal. The reason for this is that …
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