Tag Archives: Middle East geopolitics

Why oil will never hit US$200

Why oil will never hit US$200: What Trinidad and Tobago should learn from the global oil price war.

Oil prices are structurally constrained below US$200 per barrel because sustained price spikes accelerate technological substitution, destroy demand, destabilise producer economies, and trigger coordinated geopolitical responses. The global petroleum market has changed fundamentally since the oil shocks of the 1970s, even though fears of extreme prices continue to dominate headlines …

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