Oil Prices are Rebounding Now, But a Permanent Plunge May Be Coming

Oil Prices are Rebounding Now, But a Permanent Plunge May Be Coming
May 5, 2015 – Forbes

The recent fall in oil prices has received so much coverage that its recent recovery is almost unnoticed by the wider market. And yet oil has recovered exactly as predicted and to the point generally predicted by most experts,high enough to support the continued flow of much of the unconventional oil which the market was consuming before the price spike led to temporary excess capacity. The drop was self-­correcting…

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