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 …