Yes, but that’s still on the low side, especially since the recent decline in oil prices was premised entirely on how there was a ceasefire with a memorandum of understanding about the intention to finalize the outlines of plans for a peace deal, not on the actual quantity of oil.
They'll eat some profits.... after they get their monthly statement from their broker, our prices will go up.
Everyone buying electric cars is reducing their ability to get record profits.
Everyone getting solar or wind power is cutting into future profits.
