looking beyond borders

foreign policy and global economy

COVID-19 Has Killed The Oil Market’s Old Paradigms

During normal times, if the world’s petroleum producers announced an agreement to slash output, oil prices would immediately spike. During normal times, lower crude prices would boost economic growth. During normal times, low oil prices might be reason to celebrate. But if there is one fact we can agree on, it is that these are not normal times.

Read Here – World Politics Review

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