Tag "Shale oil"
3 reasons why an OPEC production cap is still unlikely
Despite a recent announcement that OPEC will meet in September, a number of factors mean that any deal to cap production is still extremely unlikely.
Forecasts for the state of US shale oil
US shale oil transformed global energy markets over the past decade. But as the first wave of excitement over energy windfalls has passed, the grim reality has kicked in with
OPEC losing its ability to set global oil prices
The June OPEC meeting should not bring too many surprises, as the cartel’s unofficial leader, Saudi Arabia, will not support production cuts in order to boost falling prices, but will
Global oil glut could further depress oil prices
With the global oil supply expected to outpace demand in 2015 and 2016, there is a growing risk from an oil glut that might further slash oil prices. The 50 percent
Low oil prices bring instability to the global oil sector
A pro-longed period of low oil prices could have long-term consequences for the future of the oil industry and geopolitical stability of some oil exporting countries. Falling oil prices can be
Cutting oil production will not solve OPEC’s problems
As oil prices continue to fall, OPEC faces a dilemma at its meeting in Vienna on 27 November. Members must decide between decreasing production that will support the oil prices but
Will US shale oil undermine its own success?
The US shale revolution has remarkably influenced global energy markets over the past five years. Can falling oil prices tarnish the extraordinary success of hydraulic fracturing in the US and
Five political risk factors affecting oil markets in 2014
Predicting oil trends was always a precarious job, and 2014 will not be any different in that regard. But the year ahead could bring developments with longer-term consequences for the
Oil glut could pose risk for U.S. shale oil revolution
With oil production reaching a historic peak, the U.S. may have to reconsider its 40-year-old ban on oil exports. The year 2014 could pose a milestone for the U.S. oil
Interview: High Oil Prices Are Here to Stay
Basim Al-Ahmadi, co-founder of GRI, sat down with Oskar Slingerland, who was an oil industry executive for 25 years and who has worked in all oil sectors from crude supply
