How Low Can Oil Go?

By Al-Attiyah Foundation, Qatar

By Al-Attiyah Foundation, Qatar

How Low Can Oil Go? | By Al-Attiyah Foundation, Qatar

How bad is too bad for oil markets? As prices plummet toward the lowest levels since the commodity’s inception, could a $5 a barrel oil prices really become a reality? U.S. oil futures just hit an 18-year low as an oil-price war between Saudi Arabia and Russia rolls on, and that has a few traders and analysts wondering how low can prices go?

History tells us that the cure for low prices is low prices. Typically, cheap fuel means increased purchases, and higher demand would cause prices to rise again. But the spread of the Covid-19 virus makes that demand response impossible today. As more and more countries lockdown, oil demand is plummeting as quickly as the prices. Last week, West Texas Intermediate fell below $20 a barrel, its lowest level since 2002, while Brent hovered just above that landmark threshold.

The other pressure relief for low oil prices usually comes from the suppliers. To stop oil prices from falling further, big producers need to reduce drilling and bring supply down to level with demand. However, the global leading producers are doing exactly the opposite.

The three-year pact between OPEC and Russia ended in acrimony at the start of the month, after Moscow refused to support deeper oil cuts to cope with the COVID-19 outbreak. OPEC responded by removing all limits on its own production. Saudi Arabia has ramped up production, targeting big refiners of Russian oil in Europe and Asia. Saudi Arabia plans to increase its production to 12.3 million barrels a day from 9.7 million in February.

What initially seemed like a move by the Saudis to pull Moscow back to the negotiating table, now appears to be a tactic aimed to reinstate the Kingdom’s long-term market-share dominance, in part by pushing higher-cost U.S. producers into bankruptcy.

The imbalance between supply and demand could approach 10 million barrels per day, as Saudi Arabia begins to “open the taps”. This will lead to hundreds of millions of barrels of oil being put into storage throughout the world. Oil tankers are already commissioned to hold crude and refined products for sale at a later date, in the hope and expectation that prices will rise again. Last time energy investors experienced such an overwhelming plunge in prices was in 2014. Crude oil had dropped to $26 from $110, over just a two-year period. But prices didn’t stay that low for long, and it quickly jumped back into the $40s.This time, however, that kind of snapback doesn’t look likely.

The only way for prices to rise now is at the expense of U.S. producing companies. Although that is beginning to happen, it is probably not happening quickly enough to force an increase in the barrel price.

Goldman Sachs announced last week that the bank was lowering its Brent forecast to $20 a barrel for the second quarter, down from their original forecast of $30. Goldman said that the virus will likely lead to far worse outcomes than previously thought — even below estimates from just a month ago — for both the commodities and equity market.

Citigroup has shared predictions for the second quarter where Brent would average around $17 a barrel or lower, with a pessimistic case of a $5 average and the potential for negative physical prices in some regions, due to the absence of logistics and storage. Energy Aspects said Brent is at risk of seeing $10 a barrel in April but expects prices are likely to remain around $20 throughout 2020.

Picking a bottom in the crude market is always a stress-inducing task, especially when prices are seeing new lows daily. However, history has told us that these dramatic downturns are often temporary rather than permanent contractions. Oil has a tendency to bounce back on basic supply and demand economics.

IndraStra Global is now available on
Apple NewsGoogle News, Flipboard, Feedburner, and Telegram


DISCLAIMER: The views expressed in this insight piece are those of the author and do not necessarily reflect the official policy or position of the IndraStra Global.
Name

-51,1,3D Technology,2,5G,10,Abkhazia,2,Abortion Laws,1,Academics,11,Accidents,22,Activism,1,Adani Group,6,ADB,13,ADIZ,1,Adults,1,Advertising,31,Advisory,2,Aerial Reconnaissance,13,Aerial Warfare,36,Aerospace,5,Afghanistan,88,Africa,115,Agile Methodology,2,Agriculture,21,AI Policy,1,Air Crash,10,Air Defence Identification Zone,1,Air Defense,7,Air Force,29,Air Pollution,1,Airbus,5,Aircraft Carriers,5,Aircraft Systems,6,Al Nusra,1,Al Qaida,4,Al Shabab,1,Alaska,1,ALBA,1,Albania,2,Algeria,3,Alibaba,1,American History,4,AmritaJash,10,Antarctic,1,Antarctica,1,Anthropology,7,Anti Narcotics,12,Anti Tank,1,Anti-Corruption,4,Anti-dumping,1,Anti-Piracy,2,Anti-Submarine,1,Anti-Terrorism Legislation,1,Antitrust,2,APEC,1,Apple,3,Applied Sciences,2,AQAP,2,Arab League,3,Architecture,3,Arctic,6,Argentina,7,Armenia,31,Army,3,Art,3,Artificial Intelligence,83,Artillery,2,Arunachal Pradesh,2,ASEAN,12,Asia,71,Asia Pacific,24,Assassination,2,Asset Management,1,Astrophysics,2,ATGM,1,Atmospheric Science,1,Atomic.Atom,1,Augmented Reality,8,Australia,58,Austria,1,Automation,13,Automotive,133,Autonomous Flight,2,Autonomous Vehicle,4,Aviation,63,AWACS,2,Awards,17,Azerbaijan,17,Azeri,1,B2B,1,Bahrain,9,Balance of Payments,2,Balance of Trade,3,Bali,1,Balkan,10,Balochistan,2,Baltic,3,Baluchistan,8,Bangladesh,30,Banking,53,Bankruptcy,2,Basel,1,Bashar Al Asad,1,Battery Technology,3,Bay of Bengal,5,BBC,2,Beijing,1,Belarus,3,Belgium,1,Belt Road Initiative,3,Beto O'Rourke,1,BFSI,1,Bhutan,13,Big Data,30,Big Tech,1,Bilateral Cooperation,21,BIMSTEC,1,Biography,1,Biology,1,Biotechnology,4,Birth,1,BISA,1,Bitcoin,10,Black Lives Matter,1,Black Money,3,Black Sea,2,Blockchain,33,Blood Diamonds,1,Bloomberg,1,Boeing,21,Boko Haram,7,Bolivia,7,Bomb,3,Bond Market,3,Book,11,Book Review,24,Border Conflicts,12,Border Control and Surveillance,7,Bosnia,1,Brand Management,14,Brazil,107,Brexit,22,BRI,5,BRICS,20,British,3,Broadcasting,16,Brunei,3,Brussels,1,Buddhism,1,Budget,5,Build Back Better,1,Bulgaria,1,Burma,2,Business & Economy,1263,C-UAS,1,California,5,Call for Proposals,1,Cambodia,7,Cameroon,1,Canada,57,Canadian Security Intelligence Service (CSIS),1,Carbon Economy,9,CAREC,1,Caribbean,10,CARICOM,1,Caspian Sea,2,Catalan,3,Catholic Church,1,Caucasus,9,CBRN,1,Cement,1,Central African Republic,1,Central Asia,82,Central Asian,3,Central Banks,1,Central Eastern Europe,49,Certification,1,Chad,2,Chagos Archipelago,1,Chanakya,1,Charity,2,Chatbots,2,Chemicals,7,Chemistry,1,Child Labor,1,Child Marriage,1,Children,4,Chile,10,China,597,Christianity,1,CIA,1,CIS,5,Citizenship,2,Civil Engineering,2,Civil Liberties,5,Civil Rights,2,Civil Society,5,Civil Unrest,1,Civilization,1,Clean Energy,5,Climate,67,Climate Change,29,Climate Finance,2,Climate Studies,1,Clinical Research,3,Clinton,1,Cloud Computing,46,Coal,6,Coast Guard,3,Cocoa,1,Cognitive Computing,13,Cold War,5,Colombia,15,Commodities,4,Communication,12,Communism,3,Compliance,1,Computers,40,Computing,1,Conferences,1,Conflict,114,Conflict Diamonds,1,Conflict Resolution,49,Conflict Resources,1,Congo,2,Construction,5,Consumer Behavior,4,Consumer Price Index,5,COP26,4,COP28,1,COP29,1,Copper,3,Coronavirus,107,Corporate Communication,1,Corporate Governance,4,Corporate Social Responsibility,4,Corruption,4,Costa Rica,2,Counter Intelligence,15,Counter Terrorism,81,COVID,9,COVID Vaccine,6,CPEC,8,CPG,5,Credit,2,Credit Rating,3,Credit Score,1,Crimea,4,Critical Minerals,1,CRM,1,Croatia,2,Crypto Currency,21,Cryptography,1,CSTO,1,Cuba,7,Culture,5,Currency,9,Customer Exeperience,1,Customer Relationship Management,1,Cyber Attack,10,Cyber Crime,2,Cyber Security & Warfare,118,Cybernetics,5,Cyberwarfare,16,Cyclone,1,Cyprus,5,Czech Republic,5,DACA,1,Dagestan,1,DARPA,3,Data,9,Data Analytics,36,Data Center,4,Data Science,2,Database,3,Daughter.Leslee,1,Davos,1,DEA,1,DeBeers,1,Debt,13,Debt Fund,1,Decision Support System,5,Defense,12,Defense Deals,8,Deflation,1,Deforestation,2,Deloitte,1,Democracy,22,Democrats,2,Demographic Studies,2,Demonetization,6,Denmark. F-35,1,Denuclearization,1,Diamonds,1,Digital,39,Digital Currency,3,Digital Economy,11,Digital Marketing,7,Digital Transformation,11,Diplomacy,14,Diplomatic Row,4,Disaster Management,4,Disinformation,2,Diversity & Inclusion,1,Djibouti,2,Documentary,3,Doklam,2,Dokolam,1,Dominica,2,Donald Trump,52,Donetsk,2,Dossier,2,Drones,14,E-Government,2,E-International Relations,1,Earning Reports,4,Earth Science,2,Earthquake,8,East Africa,2,East China Sea,9,eBook,1,Ebrahim Raisi,1,ECB,1,eCommerce,11,Econometrics,2,Economic Indicator,1,Economic Justice,1,Economics,46,Economy,114,ECOWAS,2,Ecuador,4,Edge Computing,2,Editor's Opinion,59,Education,67,EFTA,1,Egypt,28,Election Disinformation,1,Elections,52,Electric Vehicle,15,Electricity,7,Electronics,9,Emerging Markets,1,Employment,23,Energy,316,Energy Policy,28,Energy Politics,27,Engineering,24,England,2,Enterprise Software Solutions,9,Entrepreneurship,15,Environment,47,ePayments,14,Epidemic,6,ESA,1,Ethiopia,4,Eulogy,4,Eurasia,3,Euro,6,Europe,15,European Union,237,EuroZone,5,Exchange-traded Funds,2,Exclusive,2,Exhibitions,2,Explosives,1,Export Import,6,F-35,6,Facebook,9,Fake News,3,Fallen,1,FARC,2,Farnborough. United Kingdom,2,FATF,1,FDI,6,Featured,1426,Federal Reserve,6,Fidel Castro,1,FIFA World Cup,1,Fiji,1,Finance,18,Financial Markets,60,Financial Planning,1,Financial Statement,2,Finland,5,Fintech,15,Fiscal Policy,14,Fishery,3,Five Eyes,1,Floods,2,Food Security,27,Forces,1,Forecasting,3,Foreign Policy,13,Forex,4,France,37,Free Market,1,Free Syrian Army,4,Free Trade Agreement,1,Freedom,3,Freedom of Press,1,Freedom of Speech,2,French Polynesia,1,Frigate,1,FTC,1,Fujairah,97,Fund Management,1,Funding,23,Future,1,G20,10,G24,1,G7,4,Gaddafi,1,Gambia,2,Gambling,1,Gaming,1,Garissa Attack,1,Gas Price,24,GATT,1,Gaza,15,GCC,11,GDP,14,GDPR,1,Gender Studies,3,Geneal Management,1,General Management,1,Generative AI,8,Genetics,1,Geo Politics,105,Geography,2,Geoint,14,Geopolitics,11,Georgia,12,Georgian,1,geospatial,9,Geothermal,2,Germany,72,Ghana,3,Gibratar,1,Gig economy,1,Glaciology,1,Global Markets,1,Global Perception,1,Global Trade,101,Global Warming,1,Global Water Crisis,11,Globalization,3,Gold,4,Google,20,Gorkhaland,1,Government,128,Government Analytics,1,Government Bond,1,GPS,1,Greater Asia,185,Greece,14,Green Bonds,1,Green Energy,3,Greenland,1,Gross Domestic Product,2,GST,1,Gujarat,6,Gulf of Tonkin,1,Gun Control,4,Hacking,5,Haiti,2,Hamas,12,Hasan,1,Health,8,Healthcare,72,Heatwave,2,Helicopter,12,Heliport,1,Hezbollah,3,High Altitude Warfare,1,High Speed Railway System,1,Hillary 2016,1,Hillary Clinton,1,Himalaya,1,Hinduism,2,Hindutva,4,History,10,Home Security,1,Honduras,2,Hong Kong,7,Horn of Africa,5,Housing,17,Houthi,13,Howitzer,1,Human Development,32,Human Resource Management,5,Human Rights,7,Humanitarian,3,Hungary,3,Hunger,3,Hydrocarbon,3,Hydrogen,5,IAEA,2,ICBM,1,Iceland,2,ICO,1,Identification,2,IDF,1,Imaging,2,IMEEC,2,IMF,77,Immigration,21,Impeachment,1,Imran Khan,1,Independent Media,73,India,687,India's,1,Indian Air Force,19,Indian Army,7,Indian Nationalism,1,Indian Navy,28,Indian Ocean,25,Indices,1,Indigenous rights,1,Indo-Pacific,9,Indonesia,25,IndraStra,1,Industrial Accidents,4,Industrial Automation,2,Industrial Safety,4,Inflation,10,Infographic,1,Information Leaks,1,Infrastructure,3,Innovations,22,Insider Trading,1,Insurance,3,Intellectual Property,3,Intelligence,5,Intelligence Analysis,8,Interest Rate,3,International Business,13,International Law,11,International Relations,9,Internet,53,Internet of Things,35,Interview,8,Intra-Government,5,Investigative Journalism,4,Investment,33,Investor Relations,1,IPEF,1,iPhone,1,IPO,4,Iran,212,Iraq,54,IRGC,1,Iron & Steel,5,ISAF,1,ISIL,9,ISIS,33,Islam,12,Islamic Banking,1,Islamic State,86,Israel,152,ISRO,1,IT ITeS,136,Italy,10,Ivory Coast,1,Jabhat al-Nusra,1,Jack Ma,1,Jamaica,3,Japan,95,JASDF,1,Jihad,1,JMSDF,1,Joe Biden,8,Joint Strike Fighter,5,Jordan,7,Journalism,6,Judicial,4,Julian Assange,1,Justice System,3,Kamala Harris,3,Kanchin,1,Kashmir,10,Kaspersky,1,Kazakhstan,26,Kenya,6,Khalistan,2,Kiev,1,Kindle,700,Knowledge Management,4,Korean Conflict,1,Kosovo,2,Kubernetes,1,Kurdistan,8,Kurds,10,Kuwait,7,Kyrgyzstan,9,Labor Laws,10,Labor Market,4,Land Reforms,3,Land Warfare,21,Languages,1,Laos,2,Large language models,1,Laser Defense Systems,1,Latin America,84,Law,6,Leadership,3,Lebanon,12,Legal,11,LGBTQ,2,Li Keqiang,1,Liberalism,1,Library Science,1,Libya,14,Liechtenstein,1,Lifestyle,1,Light Battle Tank,1,Linkedin,1,Lithium,1,Lithuania,1,Littoral Warfare,2,Livelihood,3,Loans,11,Lockdown,1,Lone Wolf Attacks,3,Lugansk,2,Macedonia,1,Machine Learning,8,Madagascar,1,Mahmoud,1,Main Battle Tank,3,Malaysia,12,Maldives,13,Mali,7,Malware,2,Management Consulting,6,Manpower,1,Manto,1,Manufacturing,16,Marijuana,1,Marine Biology,1,Marine Engineering,3,Maritime,51,Market Research,2,Marketing,38,Mars,2,Martech,10,Mass Media,30,Mass Shooting,1,Material Science,2,Mauritania,1,Mauritius,3,MDGs,1,Mechatronics,2,Media War,1,MediaWiki,1,Medical,1,Medicare,1,Mediterranean,12,MENA,6,Mental Health,4,Mercosur,2,Mergers and Acquisitions,19,Meta,2,Metadata,2,Metals,3,Mexico,14,Micro-finance,4,Microsoft,12,Migration,19,Mike Pence,1,Military,113,Military Exercise,12,Military Service,2,Military-Industrial Complex,3,Mining,16,Missile Launching Facilities,6,Missile Systems,57,Mobile Apps,3,Mobile Communications,12,Mobility,4,Modi,8,Moldova,1,Monaco,1,Monetary Policy,6,Money Market,2,Mongolia,11,Monkeypox,1,Monsoon,1,Montreux Convention,1,Moon,4,Morocco,2,Morsi,1,Mortgage,3,Moscow,2,Motivation,1,Mozambique,1,Mubarak,1,Multilateralism,2,Mumbai,1,Muslim Brotherhood,2,Mutual Funds,2,Myanmar,30,NAFTA,3,NAM,2,Namibia,1,Nanotechnology,4,Narendra Modi,4,NASA,14,NASDAQ,1,National Identification Card,1,National Security,5,Nationalism,2,NATO,34,Natural Disasters,16,Natural Gas,33,Natural Language Processing,1,Nauru,1,Naval Aviation,1,Naval Base,5,Naval Engineering,24,Naval Intelligence,2,Naval Postgraduate School,2,Naval Warfare,50,Navigation,2,Navy,23,NBC Warfare,2,NDC,1,Nearshoring,1,Negotiations,2,Nepal,13,Netflix,1,Neurosciences,7,New Caledonia,1,New Delhi,4,New Normal,1,New York,5,New Zealand,7,News,1322,News Publishers,1,Newspaper,1,NFT,1,NGO,1,Nicaragua,1,Niger,3,Nigeria,10,Nikki Haley,1,Nirbhaya,1,Noble Prize,1,Non Aligned Movement,1,Non Government Organization,4,Nonproliferation,2,North Africa,23,North America,55,North Korea,59,Norway,5,NSA,1,NSG,2,Nuclear,41,Nuclear Agreement,32,Nuclear Doctrine,2,Nuclear Energy,7,Nuclear Fussion,1,Nuclear Propulsion,2,Nuclear Security,47,Nuclear Submarine,1,NYSE,2,Obama,3,ObamaCare,2,OBOR,15,Ocean Engineering,1,Oceania,2,OECD,5,OFID,5,Oil & Gas,388,Oil Gas,7,Oil Price,77,Olympics,2,Oman,25,Omicron,1,Oncology,1,Online Education,5,Online Reputation Management,1,OPEC,130,Open Access,1,Open Journal Systems,2,Open Letter,1,Open Source,4,OpenAI,2,Operation Unified Protector,1,Operational Research,4,Opinion,707,Opinon Poll,1,Optical Communications,1,Pacific,5,Pakistan,183,Pakistan Air Force,3,Pakistan Army,1,Pakistan Navy,3,Palestine,26,Palm Oil,1,Pandemic,84,Papal,1,Paper,3,Papers,110,Papua New Guinea,2,Paracels,1,Partition,1,Partnership,1,Party Congress,1,Passport,1,Patents,2,PATRIOT Act,1,Payment Orchestration,1,Peace Deal,6,Peacekeeping Mission,1,Pension,1,People Management,1,Persian Gulf,19,Peru,6,Petrochemicals,1,Petroleum,19,Pharmaceuticals,15,Philippines,19,Philosophy,2,Photos,3,Physics,1,Pipelines,6,PLA,2,PLAN,4,Plastic Industry,2,Poland,8,Polar,1,Policing,1,Policy,8,Policy Brief,6,Political Studies,1,Politics,56,Polynesia,3,Pope,1,Population,7,Portugal,1,Poverty,8,Power Transmission,6,Preprint,1,President APJ Abdul Kalam,2,Presidential Election,34,Press Release,158,Prison System,1,Privacy,18,Private Debt Fund,1,Private Equity,3,Private Military Contractors,2,Privatization,1,Programming,1,Project Management,4,Propaganda,5,Protests,14,Psychology,3,Public Policy,55,Public Relations,1,Public Safety,7,Publications,1,Publishing,8,Purchasing Managers' Index,1,Putin,7,Q&A,1,Qatar,114,QC/QA,1,Qods Force,1,Quad,1,Quantum Computing,4,Quantum Physics,4,Quarter Results,2,Racial Justice,2,RADAR,2,Rahul Guhathakurta,4,Railway,9,Raj,1,Ranking,4,Rape,1,RBI,1,RCEP,2,Real Estate,7,Recall,4,Recession,2,Red Sea,6,Referendum,5,Reforms,18,Refugee,23,Regional,4,Regulations,2,Rehabilitation,1,Religion & Spirituality,9,Renewable,18,Report,4,Reports,52,Repository,1,Republicans,3,Rescue Operation,2,Research,5,Research and Development,25,Restructuring,1,Retail,36,Revenue Management,1,Rice,1,Risk Management,5,Robotics,8,Rohingya,5,Romania,3,Royal Canadian Air Force,1,Rupee,1,Russia,325,Russian Navy,6,Saab,1,Saadat,1,SAARC,6,Safety,1,SAFTA,1,SAM,2,Samoa,1,Sanctions,6,SAR,1,SAT,1,Satellite,14,Saudi Arabia,130,Scandinavia,6,Science & Technology,407,Science Fiction,1,SCO,5,Scotland,6,Scud Missile,1,Sea Lanes of Communications,4,SEBI,4,Securities,2,Security,6,Semiconductor,21,Senate,4,Senegal,1,SEO,5,Serbia,4,Services Sector,1,Seychelles,3,SEZ,1,Shadow Bank,1,Shale Gas,4,Shanghai,1,Sharjah,12,Shia,6,Shinzo Abe,1,Shipping,11,Shutdown,2,Siachen,1,Sierra Leone,1,Signal Intelligence,1,Sikkim,5,Silicon Valley,1,Silk Route,6,Simulations,2,Sinai,1,Singapore,17,Situational Awareness,20,Small Modular Nuclear Reactors,1,Smart Cities,7,Smartphones,1,Social Media,1,Social Media Intelligence,40,Social Policy,40,Social Science,1,Social Security,1,Socialism,1,Soft Power,1,Software,8,Software Engineering,1,Solar Energy,17,Somalia,5,South Africa,20,South America,53,South Asia,493,South China Sea,36,South East Asia,83,South Korea,66,South Sudan,4,Sovereign Wealth Funds,1,Soviet,2,Soviet Union,9,Space,47,Space Station,3,Spaceflight,1,Spain,9,Special Education,1,Special Forces,1,Sports,3,Sports Diplomacy,1,Spratlys,1,Sri Lanka,25,Stablecoin,1,Stamps,1,Startups,43,State of the Union,1,Statistics,1,STEM,1,Stephen Harper,1,Stock Markets,29,Storm,2,Strategy Games,5,Strike,1,Sub-Sahara,4,Submarine,16,Sudan,6,Sunni,6,Super computing,1,Supply Chain Management,48,Surveillance,13,Survey,5,Sustainable Development,18,Swami Vivekananda,1,Sweden,4,Switzerland,6,Syria,112,Taiwan,34,Tajikistan,12,Taliban,17,Tamar Gas Fields,1,Tamil,1,Tanzania,4,Tariff,5,Tata,3,Taxation,25,Tech Fest,1,Technology,13,Tel-Aviv,1,Telecom,24,Telematics,1,Territorial Disputes,1,Terrorism,78,Testing,2,Texas,3,Thailand,12,The Middle East,662,Think Tank,317,Tibet,3,TikTok,2,Tim Walz,1,Tobacco,1,Tonga,1,Total Quality Management,2,Town Planning,3,TPP,2,Trade Agreements,14,Trade War,10,Trademarks,1,Trainging and Development,1,Transcaucasus,22,Transcript,4,Transpacific,2,Transportation,47,Travel and Tourism,16,Tsar,1,Tunisia,7,Turkey,75,Turkmenistan,10,U.S. Air Force,3,U.S. Dollar,2,UAE,140,UAV,23,UCAV,1,Udwains,1,Uganda,1,Ukraine,115,Ukraine War,28,Ummah,1,UNCLOS,7,Unemployment,2,UNESCO,1,UNHCR,1,UNIDO,2,United Kingdom,86,United Nations,28,United States,786,University and Colleges,4,Uranium,2,Urban Planning,10,US Army,12,US Army Aviation,1,US Congress,1,US FDA,1,US Navy,18,US Postal Service,1,US Senate,1,US Space Force,2,USA,16,USAF,22,USV,1,UUV,1,Uyghur,3,Uzbekistan,13,Valuation,1,Vatican,3,Vedant,1,Venezuela,21,Venture Capital,4,Vibrant Gujarat,1,Victim,1,Videogames,1,Vietnam,26,Virtual Reality,7,Vision 2030,1,VPN,1,Wahhabism,3,War,1,War Games,1,Warfare,1,Water,18,Water Politics,8,Weapons,11,Wearable,2,Weather,2,Webinar,1,WeChat,1,WEF,3,Welfare,1,West,2,West Africa,19,West Bengal,2,Western Sahara,2,Whales,1,White House,1,Whitepaper,2,WHO,3,Wholesale Price Index,1,Wikileaks,2,Wikipedia,3,Wildfire,1,Wildlife,3,Wind Energy,1,Windows,1,Wireless Security,1,Wisconsin,1,Women,10,Women's Right,14,Workers Union,1,Workshop,1,World Bank,38,World Economy,33,World Peace,10,World War I,1,World War II,3,WTO,6,Wyoming,1,Xi Jinping,9,Xinjiang,2,Yemen,29,Yevgeny Prigozhin,1,Zbigniew Brzezinski,1,Zimbabwe,2,
ltr
item
IndraStra Global: How Low Can Oil Go?
How Low Can Oil Go?
By Al-Attiyah Foundation, Qatar
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjA_M0TpLVbdBEbuwq4TPOSMY2jKA4No-whlq7PawJyRteJ1AvE12M5OlZ87aSj20duRQvB-MkLK-y4SRGKp98JUu7BVUaxQNKwqfHtmIV77u9-IQbt8ywG6Kg7eg1AhHBoGALYl83QpVQ/s640/AIDN0060320200042-CI.gif
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjA_M0TpLVbdBEbuwq4TPOSMY2jKA4No-whlq7PawJyRteJ1AvE12M5OlZ87aSj20duRQvB-MkLK-y4SRGKp98JUu7BVUaxQNKwqfHtmIV77u9-IQbt8ywG6Kg7eg1AhHBoGALYl83QpVQ/s72-c/AIDN0060320200042-CI.gif
IndraStra Global
https://www.indrastra.com/2020/03/How-Low-Can-Oil-Go-006-03-2020-0042.html
https://www.indrastra.com/
https://www.indrastra.com/
https://www.indrastra.com/2020/03/How-Low-Can-Oil-Go-006-03-2020-0042.html
true
1461303524738926686
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content