World’s largest energy trader sees a decade of low oil prices

Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house. “It’s hard to see a dramatic price increase,” Vitol Group BV Chief Executive Officer Ian Taylor told the international […] Source: Dutch Caribbean News World’s largest energy trader sees a decade of low oil prices

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