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Ryuu96 on 06 April 2025
U.S. Crude Oil Falls Below $60 a Barrel To Lowest Since 2021 on Tariff-Fuelled Recession Fears
This is kind of funny because...
"Producers surveyed by the Federal Reserve Bank of Dallas in March 2024 reported they would need to sell oil at "breakeven" prices of about $64 a barrel in order to make a profit from drilling new wells."
American oil is about to become unprofitable, Lol.
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