Hot from the latest International Monetary Fund’s, World Economic Outlook. Looks like not many of the projects out there making money at $50 bbl.
(COTD = Chart of the Day)
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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Am I reading this right. Only the projects on the right end of the graph made money?
Sent from my iPad
>
No. Only those below $50