RE: Crude Price

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Crude Price

in fracking •  8 years ago 

The Chinese economy is slowing and that is hurting demand a lot. And of course Europe's problems means that demand there is suppressed too.

fracking
8 years ago by

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      ·  8 years ago 

    There is a supply surge too. US fracking has contributed significantly to the surge. If it was only a demand problem, OPEC would have reduce production level. Instead OPEC leader Saudi A. has increased crude production. Why? That is discussed in the blog.

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