Oil Could Drop To Mid-$40s As Demand Crumbles
By ZeroHedge - Feb 10, 2020, 11:00 AM CST
With WTI sliding below $50 on Sunday evening, expect even more downside according to S&P Global Platts' Claudia Carpenter, who writes that oil prices will probably drop to the "mid-$40s" a barrel in the next couple of weeks because of weak demand, according to Matt Stanley, director of Starfuels commodities brokerage.
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