IMA Analysis

Wednesday October 26, 2016

Cheap Oil: Here To Stay?

The advent of shale gas extraction led to a dramatic fall in oil prices between 2011 and 2015, driving many players put of business and threatening the survival of the shale industry. Consequently, the influence of conventional oil producers (OPEC) is likely to decline, which has implications for geopolitical dynamics and the foreign policies of energy importing nations.


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