This post is in response to SMK comment in my previous article querying if Tanker market is overheating. Thank you SMK. Tankers Indeed, the
Category: Energy & Technology
Oil price has climbed from a low of $30 per barrel early this year to $40 now. It is a more than 30% rise and
This post continues from previous post “Is oil price really sustainable below $30? (Part 1)”. I ended in that article stating to follow up with the discussion
The current oil crisis is definitely one of the worst the world had seen in many decades. Oil price free-fall from more than $100 per
Sustainable at $30? In case you are unaware, there aren’t many countries extracting oil for under $30 per barrel. Looking at the chart below, only