I noticed the growing gap between the reality and recently published reports forecasting a brighter future which will uplift crude oil prices to a healthy level. It wouldn’t be an issue if not one detail. […]
This is another confirmation that OPEC’s possible decision to extend agreement on production cuts during its meeting scheduled to take place in May would not be effective. *** Oil prices fell in thin trade on […]
What Is The Real Reason For OPEC’s Continuous Efforts to Improve Oil Price by Production Cuts When It Is Clear That Isolated Efforts Are Unlikely To Be Effective.
In my comments to the Article published by Business Insider regarding signs that OPEC’s would most likely to extend production cuts agreement, I indicated that efforts of OPEC alone are unlikely to lead to improvement […]
I think it would not be possible to achieve the crude oil price improvement by only OPEC’s efforts. I am not sure whether KLR Group’s research also covers the role of U.S. producers, but, in […]
I am not conspiracy theorist and I would not pay attention to any information which could be categorised as sensational. But this is reported by the Economist. Therefore, considering the source, I would think it […]