Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why
Harvard Business
MARCH 1, 2018
That deal sent the price of Brent crude oil to above $70 a barrel in January, after the industry that had suffered through $54 per barrel oil on average in 2017. The recent price swings highlight a new era of uncertainty gripping the world’s energy markets. These increasingly efficient survivors now represent half of U.S.
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