Understanding OPEC's Surprise Move
Real Vision: Finance & Investing
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The Price of Oil Declined From Last Year
The price of oil declined from last summer really until a few weeks ago. I think people missed the fact that you had China offline. You had Russia dump all of their refined and unrefined product, put a hundred and fifty million barrels on the market. And so now I think you're going to see a new range for oil in the one to 200 range. There's going to be some spikes because as we've learned, oil is very geopolitical.
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