Crude can be cruel – Redux of 1985-86 ?


BEFORE we could even put a finger on where crude oil prices eventually head, it’s worth re-looking some of the crisis period for oil prices.

There were three large oil price declines before the current one, in 1985–86, in 1990–91 during the first Gulf War and in 2008–09 during the global financial crisis.

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Business , suresh , oil , Opec , comment

   

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