Tag: demand

  • Can AI have an influence over the price of oil?

    Can AI have an influence over the price of oil?

    Source: https://www.reuters.com/ Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources, Goldman Sachs said on Tuesday. “AI could potentially reduce costs via improved logistics and resource allocation … resulting in a $5/bbl fall in the marginal…

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