Energy Transition

Why are oil prices so low?

Why oil prices are so low and expected to stay that way. Image: REUTERS/Sergei Karpukhin

Keith Breene
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Crude oil prices ($/ barrel)
Image: Reuters
 Weekly US field production of oil
Image: U.S Energy Information Administration
 Balance of supply and demand
Image: New York Times
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Energy TransitionOil and Gas
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March 31, 2023

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