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What will happen with oil prices this low?

Wednesday, January 13th, 2016 Category: Downstream & Pricing
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What will happen with oil prices this low?

The headlines this week scream “Oil hits US$30!” noting that this was the first time this had happened in 12 years. There are lots of ‘oil prices’ but the benchmark most used by Colombian E&P producers, Brent, did indeed finish Tuesday at US$30.72 and closed today at US$30.26. The tendencies are worrying.

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