Could oil prices collapse to $20? "The short answer is ‘yes.’ We believe that crude oil prices could fall further unless global oil production is reduced. As shown in Table 2, we estimate that the global oil market could be oversupplied by roughly 920,000 bpd in 2016. The key assumptions are year-over-year growth in global demand of 1.2 million bpd, Saudi Arabia, Iraq and Libya hold production ...
Threats, Markets, Iraq And Oil Global threats are nothing new to markets, but the impact they can have is incredible. Commodity prices can jump quickly, and volatility can drive markets to the point of collapse; as we saw in the global financial crisis. These days, though, threats seem to be few and far between when it comes to markets. However, one of the largest threats to the markets has appeared this year, in the form of the ISIS in Iraq. Normally I try and avoid threats ...
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