RARE PHOTOS: How low can crude oil go | Rare Historical Photos

I asked if crude oil prices were too high in a January 24, 2025, Barchart article. I concluded:

I have been dead wrong about the path of least resistance of crude oil prices since the November 5, 2024, U.S. election. However, if U.S. output rises under the new administration, the price could be heading for $50 per barrel or lower. I maintain a bearish bias toward crude oil in late January 2025. 

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