OPEC
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IEA Says Oil Prices May Fall Even Further Before Supply Fades in 2016
(Bloomberg) – Oil prices may fall further as the world remains “massively oversupplied,” before markets tighten in 2016 when output…
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The Relentless Production of Shale Oil Is Breaking OPEC’s Neck
(Business Week) – The world’s biggest oil companies faced ruin in the summer of 1931. Crude prices had plummeted. Wildcatters…
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OPEC Decision Means ‘pain train’ for U.S. Oil Industry
Kevin McCoy, USA Today (USA TODAY)—OPEC’s decision to maintain oil-production levels could threaten financing for some U.S. oil industry…
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