Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why
Harvard Business
MARCH 1, 2018
.—while still a net importer of oil—is now selling millions of barrels of oil to China, Britain, Mexico, and India, a new reality made possible when restrictions on crude oil exports were lifted in 2015. Most major producers with large balance sheets will likely hedge their bets and attempt both. The soaring U.S.
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