An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash

An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash
In November 2014, OPEC announced a new strategy geared towards improving its market share. Oil-market analysts interpreted this as an attempt to squeeze higher-cost producers including US shale oil out of the market. Over the next year, crude oil prices crashed, with large repercussions for the global economy. We present a... READ MORE...

Publication date: July 2016
ISBN 9781498351638
$18.00

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