Commodity News

Analyzing The Current Price of Oil

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The New York Times has an interactive graphic highlighting some good and some not so good explanations regarding the price history of oil.

The global price of a barrel of oil remains near its lowest point since the depths of the 2009 recession — a result of a supply glut and battle for market share between the OPEC oil cartel and the United States, which has shifted toward the role of global swing producer.