How low can oil go? One forecast sees $5 a barrel

Oil traders struggling to navigate one of the biggest oil crashes in history say the worst is yet to come. Even after plunging about 60% this year to the lowest since 2003, prices will likely drop further to $20 a barrel or below, according to a survey of traders from some of the world’s biggest oil companies and merchants.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3a6udWX

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