Biden’s oil and gas lease pause, adds $US 13.00 per barrel to West Texas intermediate grade.

from Michael Knox, Morgans Chief Economist · host Morgans Financial Limited

Our Model of the US oil price is based on EIA oil stocks, and the pause announcement.The chance of the pause announcement having no impact on the oil price is 2 chances in 10,000.Michael Knox Morgans Chief Economist discusses with the network.Check out more from Morgans:Visit the Morgans website: www.morgans.com.auCheck out our blog: www.morgans.com.au/BlogOn Facebook: www.facebook.com/MorgansAUOn Instagram: www.instagram.com/Morgans.AustraliaOn Twitter: twitter.com/MorgansAU#Oil #Commodities #Economy #Biden

Episode metadata supplied by the publisher feed · Published Oct 7, 2021

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Biden’s oil and gas lease pause, adds $US 13.00 per barrel to West Texas intermediate grade.

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