Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, October 20, 2014

Drowning In Oil Again

Drowning In Oil Again
For 4 years now the oil price (Brent) has been range bound between $90 and $130 per barrel (Figure 2). This is where it settled after the convulsions of the $148 per barrel peak in 2008 followed by the financial crash. Recently it has dipped to around the $80 mark and although we have seen a slight recovery many analysts believe it could break lower. With the world in turmoil, including OPEC produ
OilPrice.com Daily News Update /http://oilprice.com/Energy/Crude-Oil/Drowning-In-Oil-Again.html

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