The Telegraph: Brent oil hits new low as Opec price war deepens slump
My Comment: Enjoy it while it lasts.
More News On Declining Oil Prices
Oil Set for Biggest Slump Since 2008 as OPEC Battles U.S. Shale -- Bloomberg
OPEC Resolve on Supply Promises No Calm for Oil Markets: Energy -- Bloomberg
OPEC oil output hits six-month low in December on Libya -- Reuters
Why Oil Will Probably Stay Cheap in 2015 -- Jordan Weissmann, Slate
Saudi Arabia's Playing The Oil Market The Right Way For The Lowest Cost Producer, Almost Like Standard Oil -- Tim Worstall, Forbes
Are low oil prices here to stay? -- BBC
What it not being said is how this reduction in Brent oil revenue is going to affect several European nations domestic budgets.
ReplyDeleteI love European socialists especially Nordic ones.
ReplyDeleteBright, shiny happy people.