The price of oil is back to where it was 20 years ago
@JavierBlas
CHART OF THE DAY: The price of oil is back to where it was 20 years ago. Even without adjusting by inflation, in mere nominal terms, Brent is trading at the same level as in 2005.
"The street is as bearish crude oil as it was in March 2020 when planet earth effectively locked down." Goldman Sachs via
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