Opinion: Could WTI Trade At A Premium To Brent By Next Year?
Green Car Congress
AUGUST 6, 2015
A flood of bearish news has pushed down oil prices to their lowest levels in months, with WTI nearing $45 per barrel and Brent flirting with sub-$50 territory. With a bear market back, there is pessimism throughout the oil markets. Low oil prices will sooner or later force a cutback in production.
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