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OPEC Shorts Are Driving Down the Price of Oil
The conflict between OPEC and U.S. shale/tight oil producers has entered a new phase. And the result has been an accelerated decline in the price of oil.
There is excess supply on the market and a correction has been in order even without the latest OPEC move.
Here's our take on the international scheme to keep oil prices down...
The conflict between OPEC and U.S. shale/tight oil producers has entered a new phase. And the result has been an accelerated decline in the price of oil.
There is excess supply on the market and a correction has been in order even without the latest OPEC move.
Here's our take on the international scheme to keep oil prices down...