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Can the oil price ever recover to $100?

stander
stander
in Oil, Gas and Energy News

Featured Replies

The global oil market may be showing early signs of a price recovery but for the once-powerful cartel of oil producing nations a fresh struggle is beginning to emerge.

Today the Organization of the Petroleum Exporting Countries (Opec) will be forced to confront the rising tensions within its ranks and its own weakening market leverage as it battles to thrash out a much-anticipated deal to freeze global oil production.

http://www.telegraph.co.uk/business/2016/04/16/can-the-oil-price-ever-recover-to-100/?utm_medium=Social&utm_source=Twitter&utm_campaign=Echobox&utm_term=Autofeed#link_time=1460818387

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