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$10 a Barrel Oil is Absolutely Possible: Schork

Stephen Schork, president of The Schork Group, discusses how refinery strikes and the yearly refinery maintenance season could hit demand for crude hard, sending crude prices even lower.

Stephen Schork, president of The Schork Group, discusses how refinery strikes and the yearly refinery maintenance season are impacting crude oil prices. Long story short, these factors could hit demand for crude hard, sending crude prices even lower.

In this Bloomberg Business video, Schork spells out the potential for this new reality.

 

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