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
Multiple aspects are improving in new price environment
Unconventional reserves give the U.S. the world’s largest supply of untapped oil
All potential solutions carry risks, and the future of the European Union could be on the line
Productivity is dropping, and rates increases are nowhere in sight
International competition could drive down prices
Market needs to bottom out, rebalance and deplete excess inventory
Is Shale Oil About to Hit the Wall?