Damage similar to that caused by Ivan will push oil prices above $75. It took more than six months to restore production after Hurricane Ivan. Crude oil prices increased by more than $10 within a month.
Everything depends on political developments.
The effect of the release on gasoline prices is limited. Refineries are producing at full capacity and more crude will not lead to more gasoline.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.