OIL: Don't Look Back, We're Not Going There
Deep Dive Into What Drives Oil Prices Now
Don't Look Back, We're Not Going There
Authored by Brynne Kelly for cornerstoneglobalcommodities.com
Over the last decade or so, oil prices have struggled under the weight of US crude oil production growth. This growth kept constant pressure on oil prices. It capped upside option premium and magnified the downside. The pandemic brought a poignant end …