Tune in Wednesday, July 15 at 2 p.m. Eastern for information from Chief Economist Dr. Chris Kuehl on oil markets in flux, price wars and demand shifts.
Not many sectors have seen as much volatility as the oil patch. The sudden drop in demand due to the shutdown recession coincided with an oil price war launched by Russia and Saudi Arabia. Now the issue is when will that demand rebound and when production might resume. What do the next few quarters look like for the U.S. producers and consumers and what role will global activity play?