• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
MMlogo2
  • Our Strategy
  • Our Team
  • What Are Royalties
  • Strategic Sales
  • News
  • Contact

Oil Prices Unlikely To Collapse Any Time Soon

September 1, 2021 by

You wouldn’t believe the oil price had been quietly falling since early July when you went to fill up your tank this summer. Gasoline demand is nearly back to pre-pandemic levels from 2019. As a result, pressure on refiners has been so marked that prices have risen sharply enough to make the Biden administration urge Russia and Saudi Arabia to pump more oil to ease a perceived tightness.

Primary Sidebar