New Data Suggests Oil Will Hit A Price You Won't Believe
Rebel Capitalist News
The Future of Oil Prices: A Potential Plunge Below $40
This chapter discusses the potential decline of oil prices, forecasting that they may fall below $40 a barrel soon. Analysts evaluate contributing factors like OPEC's production cuts and decreasing global demand, particularly from China, while considering the economic implications for the U.S. oil industry.
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