Bakken Dynamics Trump the Impact of Iran on Oil Prices

Bakken Dynamics Trump the Impact of Iran on Oil Prices

The Iran deal will not cause a surge or drop in the price of oil in the long term contrary to what some think. The ebb and flow of prices are dictated by supply and demand as we know from Economics 101. Until we see major shifts in energy policy and consumption, prices likely will be stable in the long term.

DOWNLOAD ARTICLE