$20 Oil? Forget OPEC, China Controls Oil Prices

U. S. shale has taken a lot of headline space recently as the biggest headwind for oil prices and the highest stumbling block for OPEC’s efforts to prop them up by cutting production. Yet, there may be another factor that could bring down oil prices as soon as next year…
China.

This post was published at Zero Hedge on Aug 24, 2017.