The fall in oil prices has bottomed out and the oil market is about to repair itself
- Categories:Corporate news
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- Time of issue:2020-10-16
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(Summary description)In a recent speech in London,the SECRETARY general of THE ORGANIZATION of the Petroleum Exporting Countries(OPEC)said that the current international oil price has fallen to the lowest point of$45 to$55 a barrel,and pointed out that the oil price will rebound in the future,and could quickly rise to$200 a barrel,but did not give the exact time.The OPEC secretary general is not the only one who thinks oil prices have hit bottom.It is usually hard to believe,but coming from him carries weight.
The fall in oil prices has bottomed out and the oil market is about to repair itself
(Summary description)In a recent speech in London,the SECRETARY general of THE ORGANIZATION of the Petroleum Exporting Countries(OPEC)said that the current international oil price has fallen to the lowest point of$45 to$55 a barrel,and pointed out that the oil price will rebound in the future,and could quickly rise to$200 a barrel,but did not give the exact time.The OPEC secretary general is not the only one who thinks oil prices have hit bottom.It is usually hard to believe,but coming from him carries weight.
- Categories:Corporate news
- Author:
- Origin:
- Time of issue:2020-10-16
- Views:0
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