Biden’s oil and gas lease pause, adds $US 13.00 per barrel to West Texas intermediate grade.

Biden’s oil and gas lease pause, adds $US 13.00 per barrel to West Texas intermediate grade.

Morgans Financial Limited

Our Model of the US oil price is based on EIA oil stocks, and the pause announcement.
The chance of the pause announcement having no impact on the oil price is 2 chances in 10,000.
Michael Knox Morgans Chief Economist di…

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