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Tag: OPEC plus


Commercialization, Conventional Fuels

Oil Rally Held Back By High Inventories, Coronavirus Fears

June 23, 2020

Via: Forbes

U.S. benchmark West Texas Intermediate (WTI) is over $40 a barrel, a price level it has struggled to surpass in the past. The uptick is the result of investor enthusiasm over the fact that global oil supply is still under […]


Commercialization, Conventional Fuels

A Failure Of OPEC+ Could Turn The U.S. Oil Boom Into Another Bust

June 17, 2019

Via: Forbes

I have written about this topic before, but it deserves a review at this crucial point in time where the oil markets are concerned. Just half a year after they agreed to implement significant new cutbacks in their crude oil […]