The Oil Market Is Broken
Apr 26th 2020 2:15pm EDT
The Oil Market Is Broken Authored by Daniel Lacalle, OPEC and its partners have been cutting production since September 2016. Between September and November 2016 they cut production by more than 1.7 million barrels a day, a historical cut that was wrongly prolonged throughout the expansionary phase of the global economy. In December 2018 they cut […]
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