The imponderables from the oil price slide | GulfNews.com:
"It is often the basic concepts that can explain the most sophisticated and controversial of issues, like the current drop in oil prices.
Many op-eds talked about Economics 101, or 201, and how it’s crucial to understand that a surplus in supply would result in a continuous decline in price as long as demand stays stagnant, or it doesn’t increase in a way that meets increasing supply.
Once the two meet, prices will stop dropping, sure. This might be the case, but let’s explore the numbers a bit more and see where that will take us."
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