shale oil

OPEC Meeting in Vienna

OPEC Meeting in Vienna

The world was facing an unprecedented oil glut in 2014. This was caused by technological advancement, which had led to countries within OPEC and outside of it, such as the…Read more
Where Is Oil Headed in 2018

Where Is Oil Headed in 2018

The situation on the oil market has been very dramatic in the last few years. After a prolonged period of record high oil prices, the market crashed due to oversupply…Read more
OPEC Renews Agreement

OPEC Renews Agreement

Yesterday the Organization of Petroleum-Exporting Countries held their long-awaited summit in Vienna. OPEC members met the expectations of investors perfectly by agreeing to extend their current agreement to reduce oil…Read more
OPEC Losing Control

OPEC Losing Control

The union of petroleum-exporting countries, known as OPEC to the world, has for years been the key determinant in all developments involving oil. Thanks to their rich deposits these countries…Read more
The Ups & Downs of Oil

The Ups & Downs of Oil

Those of you following the oil were probably happy to see oil prices rise in the past months, making a recovery from the abysmally low prices that characterised 2015 and…Read more