Opinion: Here’s what will send oil prices back up again
Green Car Congress
MARCH 5, 2015
From June of 2014 until now, the price of a barrel of West Texas Intermediate (WTI) crude oil has fallen approximately 57 percent. There is no doubt that supply has increased. Supply alone, however, doesn’t determine price. The question we should be asking ourselves is not if oil prices will recover, but when they will.
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