One of UK’s richest businessmen says he expects oil at $40-$50 once the coronavirus crisis is over

Capt. John

Oil prices are likely to remain low until global economic conditions start to stabilize again, one of the richest businessmen in the U.K. said Tuesday. U.S. crude fell 13%, or $1.67, to trade at $11.11 per barrel, following a near 25% decline a day earlier. The international benchmark, Brent,...

https://www.hellenicshippingnews.com/one-of-uks-richest-businessmen-says-he-expects-oil-at-40-50-once-the-coronavirus-crisis-is-over/

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