OEF Rapid Review Articles
“There is excess supply out there,” the CEO of BP told reporters on Thursday at the World Economic Forum in the Swiss resort. “These are very sharp shocks for countries and the industry. The first mantra of the oil crisis was “lower for longer.” Then “lower for even longer.” Now in Davos, executives are starting to talk—or rather, whisper—about a new nightmare scenario: “A lot lower for a lot longer.”
World Oil
LINK TO THE SOURCE ARTICLE:
British Petroleum CEO says flood of crude means “sharp shocks”
LINK TO THE SOURCE ARTICLE:
British Petroleum CEO says flood of crude means “sharp shocks”