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I've seen oil at under $2 a barrel and at $147, and much volatility in between. I've witnessed gluts and scarcity. I've seen multiple booms and busts, these experiences have taught me that this business, and this commodity, like all commodities, is inevitably cyclical. Demand rises and falls. Supply rises and falls. Prices rise and fall.
Found on Reuters 8 years ago
I’ve seen oil at under $2 a barrel and at $147, and much volatility in between. I’ve witnessed gluts and scarcity. I’ve seen multiple booms and busts, these experiences have taught me that this business, and this commodity, like all commodities, is inevitably cyclical. Demand rises and falls. Supply rises and falls. Prices rise and fall.
Found on Reuters 8 years ago
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