A Secular Change In The Oil Market
Qineqt, Seeking Alpha
Oil prices have shown a decline of 22% since the beginning of 2Q2012, and are trading at $80.15/bbl for West Texas Intermediate (WTI) crude oil. There are several reasons for the decline in oil prices, in both the local and international markets, and can be divided into structural/secular and cyclical changes. . .
Oil prices have shown a decline of 22% since the beginning of 2Q2012, and are trading at $80.15/bbl for West Texas Intermediate (WTI) crude oil. There are several reasons for the decline in oil prices, in both the local and international markets, and can be divided into structural/secular and cyclical changes. . .
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