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Montevideo, March 28th 2024 - 22:33 UTC

 

 

Here's what will send oil prices back up again

Thursday, March 5th 2015 - 13:05 UTC
Full article 4 comments

Oil's rapid decline since August of last year has been dramatic. To listen to some commentators you would also think it is unprecedented and irreversible. Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. Read full article

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  • Briton

    but don't expect them to last forever.

    with the greed of some oil companies we wont hold our breadth,

    but nothing lasts forever.

    Mar 05th, 2015 - 07:46 pm - Link - Report abuse 0
  • Englander

    Petrol is on the way up already.
    Back to $100 shortly and a resurgent Russia.

    Mar 05th, 2015 - 09:10 pm - Link - Report abuse 0
  • ChrisR

    @ 2

    That's a political problem, not one intrinsically tied to oil.

    For all the crowing about wind and photo-voltaic sources there has been a warning from 'scientists' that the upcoming full eclipse of the sun is likely to upset many of the automated solar farms and cause significant shortfalls in supply.

    Who'd have thunk that?

    Ha, ha, ha.

    Mar 06th, 2015 - 06:02 pm - Link - Report abuse 0
  • Briton

    those solar wings ruin the sky line,
    Yarmouth is full of them,

    still,
    the experts know best...lol

    Mar 06th, 2015 - 07:50 pm - Link - Report abuse 0

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