Never mind $35, world’s cheapest oil is already close to $20
ByReporter
The event will take place in Ross-shire later this month
As oil crashed through $35 a barrel in New York, some producers were already living with the reality of much lower prices
A mix of Mexican crudes is already valued at less than $28, an 11-year low, according to data compiled by Bloomberg. Iraq is offering its heaviest variety of oil to buyers in Asia for about $25. In western Canada, some producers are selling for less than $22 a barrel.
Read the full article on our sister website Energy Voice.
Never mind $35, world’s cheapest oil is already close to $20
