The ECOreport reposts an analysis of market conditions, Oil prices could be lower for longer
Originally Posted on Oilprice.com
By Nick Cunningham
Oil prices have cratered in recent weeks, dipping to their lowest levels in more than seven months and any sense of optimism has almost entirely disappeared. All signs point to a period of “lower for longer” for oil prices, a refrain that is all too familiar to those in the industry.