Monday, January 20, 2025

Counterpoint: Why the Oil Price Malaise May Not Change Anytime Soon

Leading oil and gas accounting firm Hein believes industry players should be ready for oil to stay below $60 – $70 per barrel; examines 3 trends affecting oil price From the Hein Energy Team Since peaking at $60 per barrel in June 2015, the price of West Texas Intermediate (WTI) crude oil took a sharp nosedive to under half that price