After months of dropping oil prices with no end in sight, it seems that the commodity has finally come to its senses, with Brent, the international reference, rising up from approximately US$30 to around US$40 in less than one month. The itching question on everyone’s mind is “will it last?”.
Let us recall in brief […]Continue Reading →
Never say never, but unfortunately, things are not looking bright for the oil prices this year. Understanding the drop is essential to predicting future developments, and the nature of it pretty much boils down to the simple laws of supply and demand, athough the impact of a strenghtening US dollar and a reduction in investment […]Continue Reading →