It is over a year now since OPEC declared its market-share cold war against shale oil producers back in 2014, yet the cartel still can’t declare “mission accomplished”…
The rally in oil prices appears to be stronger than what many analysts have expected. In the past few months, many negative events have taken place around the…
Everyone in the oil industry wants to see high oil prices back, because everyone wants to make money. Oil producing countries want to make higher revenues, oil companies…
The Wall Street Journal has conducted a survey in April 2016 to get an overview of the oil prices forecast in the next few quarters as seen by 13 investment…
Every industry has a market cycle in which the industry goes through periods of growth and decline. The oil industry is no exception, it is a cyclical industry…
I remember three years ago, same time as now. It was April, and I was looking for an internship placement. I applied with many companies, and kept receiving…
Who controls oil prices? Before 2015, the answer to this question would definitely have been OPEC. No one can deny the fact that OPEC had the upper hand…
Over the past a few decades, oil doomsayers have been claiming that we are running out of oil. In fact, many of them have attempted to predict when…
The beauty of the oil industry lays on the fact that it is unpredictable. It has a striking way of surprising everyone. Even those who think they know…
Unless you have been living in a cave for the past couple of months, you will know that the oil industry is going through a tough time facing…
Trying to predict the future trends of oil prices is hard and the results are disappointing most of the time, especially when we ignore the facts and figures…
As December is finally here -marking the end of 2015, the oil and gas industry continues to experience the consequences of one of the worst downturns of its…