Is Oil Price Volatility A Thing Of The Past? A provocative question that Micahel Lynch, a contributor and analyst posed in a recent article on Forbes.
Mr. Lynch goes into several details on why oil price visibility may be gone, or just temporarily dampened. This is surly to be one of many articles written on the subject, due to the soaring reassurance of the US shale oil production and the new equilibrium seen between supply and demand.
The greater question that’s being alluded is can supply and demand stay in somewhat stable? With OPEC continuing to reduce their production, and the US shale market increasing theirs will we see an oversupply in the near future that outpaces demand causing a crash? Or will global demand surprise the industry with a recession or economic slow down in China, India or Brazil?
Published in Industry News, Markets
