Return to an Old Paradigm
The rapid and unforeseen collapse in the oil markets is the outcome of an economic crisis which has very little to do with Russia, OPEC and OPEC plus. It is a situation that may continue to occur every time there is a serious global crisis of one sort or another. We have been there with excess capacity in 1985, 1996, 1998, 2008, 2014 and now, yet again!
Sadad I. Al Husseini