Expected Surge in Oil Supply Sustains Bear Market

The U.S.

is expected to continue driving much of the surge in output, and increases by smaller producers such as Brazil and Norway will contribute to excess supply, investors say. Citigroup and JPMorgan Chase analysts currently project supply will grow roughly one million barrels a day more than demand in 2020, resulting in a surplus each quarter...

The oil price bubble was handled well. The organic made by the earth Fuel was always there. False climate hysteria & anti capitalists had their run. It would be well if Tech kept lowering costs & the fossil sector be both profitable & non inflationary. tt: CNBC MariaBartiromo

This as we turn to green energy!!

Good. KSA, Iran and Russia need to start to feel the pain.

This is great for the U.S. economy that are still quite dependent on fossil fuels.

Please dont stop the music is numbing me

I know nothing and im crazy and i have a record of it, thank u

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Apple is poised to add $40 billion to its market cap and surge past the $1 trillion mark after blowout earningsApple stock rose 4% in premarket trading after earnings that saw services revenue jump 13% to a record high of around $11.5 billion So maybe they could bring some of their manufacturing to the U.S. to create much needed middle class jobs? Does Apple even manufacture anything in its home country? Nice!! Good for business
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »