OPEC vs. U.S.: Who will blink first on oil?
This inelasticity can cause wild price swings if the market is either undersupplied or oversupplied. With the market currently oversupplied by 1% to 2%, prices have dropped rapidly. The only…
All is breaking news
This inelasticity can cause wild price swings if the market is either undersupplied or oversupplied. With the market currently oversupplied by 1% to 2%, prices have dropped rapidly. The only…