During the last three months of 2018, crude oil lost over 40% of its value
How tensions between the U.S. and Iran might impact the oil market
Moving on From Output Cut Deal
The New Normal or a Passing Phase?
The futures markets are solidly coming into a contango structure, where today’s oil prices are cheaper than prices in the future, a sure sign of current oversupply.
The jig is up for non-committal cartel members
Lately, more analysts are questioning whether OPEC’s current strategy is headed to success or failure.
Price wars could resume once cartel stops trying to limit output
Game theory demonstrates the incentive for members to cheat
Multiple aspects are improving in new price environment