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OPEC

Too Much Oil for Peak Oil? Oversupply & OPEC cuts

February 15, 2018

Peak Oil seems to have faded for the moment, and presently we even have somewhat of an oversupply issue in the global oil market. But what’s really going on? We’ll take a look at everything oil in this podcast episode, from the Permian to the OPEC cuts, conventional peak oil 2006 to the coming future … Read more

Categories Peak Oil Tags Cuts, Much, OPEC, oversupply, Peak

OPEC and the stagnant price of oil – Counting the Cost

January 28, 2017

The 15th International Energy Forum, held in Algiers earlier this week, saw OPEC members decide to cut production by about 800,000 barrels per day. The cut would not be consistent across all member states but was significant nonetheless, being the first in eight years.The move is forecast to stabilise global oil prices. “Today OPEC has … Read more

Categories Price Of Oil Tags Cost, Counting, OPEC, price, stagnant

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