not because of economics but because of the virus," he said. "The fear is now pervasive."
Infections have been reported in more than 100 countries since the outbreak began in the Chinese city of Wuhan late last year. "This also comes at a time when it's not just about oil but it's about the global economy and this freezing up we're seeing," Yergin said.
'expert'. I've been working on this field for 15 years and don't even know how the price is going to be. You can see the forecast from opec report but nobody knows
Here’s a rule of thumb. Every one-penny reduction in gas prices puts more than $1 billion a year into the hands of consumers for them to save or to spend on other things. So, that $1.50 reduction in the price at the pump has been a $150 billion a year stimulus plan.
Gas prices fall works get a pay raise
How much more irrelevant must oil get before we get serious payback for the Saudis funding and orchestrating the 9/11 attacks? oilprice oilwar OilCrash
It’s happening — like we’ve never SEEN before
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »