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February 17, 2016
Current market conditions still suggest further oil price declines. As oversupply shrinks, a rebound in prices is likely. High uncertainty from economic slowdown, financial volatility and policy responses. Structural trends point to a lower oil price equilibrium
December 14, 2015
On December 4th, representatives of the Organization of the Petroleum Exporting Countries (OPEC) gathered to discuss a potential cutback in crude production and move to neutralise the falling price. The failure to come to any agreement surprised nobody.
