Long-term crude oil prices are held down by growing wage and wealth disparities, which reduce the purchasing power of the middle class and thus limit demand for oil-intensive goods and services.
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. shale jobs fell 1.7% in August. Producers slow drilling, defer ...
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