How the Recession Affected Economics and College Majors
An old problem has reappeared in the United States. China, who imported 8.79 million barrels of crude per day in July, up from a four-year low in June but still 9.5% less than the previous year. This is a concern because the US oil price has risen as much as China’s, and oil demand for 2022 is expected to rise by 1.8 million barrels per day year on year to 99.7 million barrels per day, just short of pre-pandemic highs. Brent crude futures were up 81 cents to $95.73 per…
