Crude oil price: why maintaining $70 a barrel is much more realistic and sustainable than pursuing the unrealistic goals?

[hemanthaa@mail.com + 64]

The article explores the level-headed approach to maintaining the crude oil price closer to $70 a barrel rather than pursuing unrealistic short-term goals.

[Babakhal 0]

If world economies have to improve than the crude oil prices will have to come down from its $70 price especially after the lockdowns world economies are in bad shape. Only stimulus and financial packages are aiding the market the realistic picture is that lot of inventory is generated in manufactured goods, automobiles and real estate industry