Home The price drop that's really worrying Big Oil
 

Keywords :   


The price drop that's really worrying Big Oil

2015-12-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Morning Herald: So oil prices crawled off their 11-year low overnight big whoop. Such gyrations are merely part of the present tussle between supply and demand. There's a more serious problem hanging over the oil price that won't be solved by capping a few wells. Passing remarks in a social setting made to me by a former oil industry CEO and current chairman provided some insight into the growing despair about price: uncertainty about how much of the current plunge is merely the cycle, or something structural....

Tags: price big oil drop

Category:Electronics and Electrical

Latest from this category

All news

»
24.1120225//
24.112012()
24.11oasis 2022 morning
24.11Bianchi San marco xr3
24.11()
24.11PS2
24.11
24.11 HD DVD BOX
More »