Last year Global Dashboard wrote that
'As soon as we’re out of the downturn and demand starts going up again, we’ll discover that there’s been no shift in the underlying supply fundamentals - and hence that the stagflation drivers we were all worrying about until the credit crunch really began in earnest are just waiting where we left them.'On the 15th June, they pointed out that oil prices have begun to recover - read more on the website.
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