2min chapter

ARC ENERGY IDEAS cover image

Catching up: Politics, European Energy Conservation and Oil Markets

ARC ENERGY IDEAS

CHAPTER

What's the Trigger Point of COVID?

I don't think they would take this kind of action unless the price of oil goes over a hundred bucks or more. I mean, we're at 80, 85. It's probably insufficient to trigger something. So yeah, I think even if prices are high because of all the negative consequences, it's unlikely. But especially at the types of prices we're seeing now, which have moderated quite a bit.

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