Oil prices fall on rising U.S. rig count, economic slowdown

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Oil prices fell on Monday after U.S. energy firms added rigs for the first time ...

 

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Not mentioned: failing coup d'etat in Venezuela

Funny tomorrow they will be up

Nothing matters now except getting off fossil fuels and restoring the biosphere, because the situation is desperate. Much of Australia are now nearly uninhabitable and soon parts of India will be. Only a tunnel under the divide keeps my state in adequate water now.

It's rigged.

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Oil Prices in 2019 May Hinge on U.S.-Iran ShowdownElectric vehicles, renewables and climate change could impact the oil market down the road, but won’t have much of an impact in 2019. 😆 The only ones this will hurt are the people who are the working class poor or the people living below the poverty rate. They can't afford to get an electric car if they don't have a garage to park in or address that is safe. It means they keep paying more for any resources.
Source: WSJ - 🏆 98. / 63 Read more »