Tag: OPEC
Feb. 19, 2016
OPEC has market share cancer yet refuses to address it
Let’s start with a very pessimistic metaphor and then apply it to the oil market. Most patients who suffer from cancer discover the disease in…
Jan. 9, 2015
Oil prices continue to plummet
Oil prices have plunged by more than 40 percent in the last six months and if they go below $60 a barrel, and they should,…
Nov. 21, 2014
OPEC to discuss production cuts
OPEC will have its incoming meeting Nov. 27. This is a considerably important meeting for oil prices, global economic growth and all motorists in the…
Oct. 10, 2014
Oil prices on surprising decline
Oil prices declined by 16 percent since the June high. Why are oil prices declining? What’s the role in the decline? While the oil price…