China trade war
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Saudi Oil-Price Blunder: Tipping Point for a Global Depression
- March 17, 2020
- Posted by: Art Berman
- Category: header-menu
30 Comments
Saudi Arabia has repeated the blunder it made in November 2014 by increasing oil production during an oil-price collapse. In 2014, it led to a depression in the oil industry. This time, it may be the tipping point for a global economic depression.
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The Iran Card Played Again: Is It Enough to Move Oil Prices Higher?
- January 6, 2020
- Posted by: Art Berman
- Category: header-menu
Barring outbreak of conflict between U.S. and Iranian forces or their proxies, however, I expect oil prices to flatten and then fall during the first quarter of 2020.