Slugcatcher and oil's Groundhog Day of repeating events

AT the risk of sounding a bit grim it seems to Slugcatcher that 2017 might have been the year of the oil price recovery whereas 2018 is looking awfully like oil’s version of Groundhog Day as history repeats and prices slide.

Slugcatcher and oil's Groundhog Day of repeating events Slugcatcher and oil's Groundhog Day of repeating events Slugcatcher and oil's Groundhog Day of repeating events Slugcatcher and oil's Groundhog Day of repeating events Slugcatcher and oil's Groundhog Day of repeating events
There's no way the correction, if indeed it is one, will be as bad as the 2014 crash, partly because prices today at around US$66 a barrel are already about half what they were just before the plunge

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