Why Oil Prices Are Headed Below $35 a Barrel
This is an interesting article about oil prices and where the break-even cutoff points are for countries like Saudi Arabia, the U.S., Canada, and Brazil. We currently don't have enough worldwide demand to soak up the excess supply. There is no telling how low the price of oil will go or how long it will stay low. Under these circumstances, holding oil companies now could be disappointing.
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