Comment on A collapse in oil prices is coming

A collapse in oil prices is coming

Reuters/Jim Urquhart A collapse in oil prices to $42 a barrel is distinctly possible. This is due to the growing supply from North American shale producers. A collapse in the production-cut agreement between OPEC and Russia could also play a part in a drop in oil prices. When writing about markets, here and elsewhere, I usually try to avoid the temptation to write sensational things.

 

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