Monday, December 30, 2019

Forbes: Oil Prices Face Double Whammy In 2020

By SIMON CONSTABLE

Oil traders should look out below for the next 12 months.

Next year, the energy market faces a double whammy of a supply glut and lackluster demand that could send prices for crude oil down more than 10% from current levels.

While that might mean lower gasoline prices at the pump, it could put the squeeze on countries in the middle east that rely on oil revenues. Read more here.


Photo by Delfino Barboza on Unsplash

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