What’s Going On Here? The price of a barrel of oil crashed to its lowest price since 1986 – and the reason might well be found in the “futures” market. What Does This Mean? The 34-year low is partly down to: the same falling oil demand that’s caused issues for weeks: falling demand that…
Tag: deflation
Ep 104: Feeling Faint
What’s Going On Here? The oil price suffered its biggest drop in almost 30 years, after Saudi Arabia unexpectedly flooded the market! What Does This Mean? Oil is caught in the middle of two at-odds countries right now. On one side, there’s Saudi Arabia – the biggest producer of the OPEC. And on the other, Russia…
with HT 