The price of oil has dropped to USD 43 per barrel today. It was USD120 less than 3 months ago and I remembered a friend was joking, he will cut his finger if the price of oil dropped to below USD 80.
Personally, I am of the opinion that the price should stabilize at USD 68 to reflect its true value.
All they need is for OPEC to reduce production and another bad weather in the states.
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