Posts Tagged "Opec"
Oil Price Crash Worse Than 1986
Morgan Stanley has revised it’s rather pessimistic view about oil prices in 2015. Previously analysts had warned the down turn could even rival the iconic price crash of 1986, but definitely no worse. It...
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The oil price has fallen by more than 40% since June, when it was $115 a barrel. It is now below $70. This comes after nearly five years of stability. At a meeting in...
