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 glob...
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| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2016.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2016/131 |
| Dostęp online: | Full text available on IMF |