Where next for the crude oil price?

After holding in the $60s for many months, crude has recently dropped towards $50 a barrel. Justice Litle considers why the price fell - and if it will fall again.

After holding in the $60s for many months, crude has dropped precipitously in the past few weeks, and is now in the vicinity of $50 a barrel. A number of reasons have been given for the sharp fall in price, all of them more or less linked.

Why has the crude oil price fallen?

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