Rice University: Oil Price War Is On, Says Baker Institute Expert
March 11, 2020
March 11, 2020
HOUSTON, Texas, March 11 -- Rice University issued the following news release on March 10:
This week, global crude oil prices are seeing the biggest price decline since 1991 after Saudi Arabia announced its largest price discount in 30 years, according to an expert from Rice University's Baker Institute for Public Policy.
The price decline signals benefits for buyers of oil - including lower prices at the pump - but it also signals the possibility of the market becoming . . .
This week, global crude oil prices are seeing the biggest price decline since 1991 after Saudi Arabia announced its largest price discount in 30 years, according to an expert from Rice University's Baker Institute for Public Policy.
The price decline signals benefits for buyers of oil - including lower prices at the pump - but it also signals the possibility of the market becoming . . .