Oil will struggle to break above $ 50 – Morgan Stanley – FXStreet

Oil will struggle to break above $ 50 – Morgan Stanley – FXStreet

On July 4, 2008, US oil prices hit an all-time high of $ 145 per barrel. Today, the same barrel of oil is worth around $ 40 and instead of a peak in oil supply, commodities markets are now looking at a peak in demand. How we got here is a story of promoting technology […]

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