Tuesday, March 24, 2020

Forbes: Oil Prices Could Plunge To $10 A Barrel, Swamp Storage Capacity Report Says

By SIMON CONSTABLE

The prognosis for the oil patch just got worse.

The price of a barrel of crude oil could more than halve from current levels if the coronavirus pandemic isn’t brought under control. Plus global oil storage facilities could quickly get overwhelmed, analysts say. Read more here.

Photo by Erik Mclean on Unsplash

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