Energy Quote of the Day: On Approaching an Oil Price Floor
By Jared Anderson
It
appears the largest oil price decline since the 2008 economic and
financial crises could be reaching a bottom. Maybe. Luckily we don’t
have the displeasure of making oil price forecasts, like our colleague
Ed Crooks the US Industry and Energy Editor at the Financial Times:
Anyway, benchmark global oil futures prices rebounded today partially
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