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Why We Need To Rethink The Financial Future Of Oil
Friday, January 22, 2016 20:51
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from The Conversation
– this post authored by Andreas Goldthau, Central European University and Benjamin Sovacool, University of Sussex
The price of oil keeps moving in one direction – down. Even political tension between Iran and Saudi Arabia (historically a cause of price rises) has not stopped the drop. It may come as a surprise to some, but it drives home the point that it is not politics but market fundamentals that set prices.
Source: http://econintersect.com/pages/opinion/opinion.php?post=201601222109
