Price of April Futures for Brent Oil Exceeds $99 Per Barrel First Time Since September 2014

Feb 22, 2022 | EARNINGS

Between mid-2014 and early 2016 the global economy saw one of the most drastic declines in oil prices in modern history, witnessing a price drop of 70 percent. It was driven by a growing supply gut as well as the growth of US shale oil production, which sparked a rivalry with traditional oil producers.

Read More

Pin It on Pinterest