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Description: Oil continued its revival from the biggest crash in a generation, with prices set for a second annual gain after a year marked by hurricanes, Middle East conflict and the tussle between OPEC and U.S. shale.

Source: Bloomberg.com – video report

Date: Dec 29, 2017

Link: https://www.bloomberg.com/news/articles/2017-12-29/oil-resurrection-sets-stage-for-another-opec-shale-clash-in-2018

Questions for discussion:

  • What does the report say about the reasons for OPEC falling apart?
  • Do you agree with this asssessment?
  • How should investors deal with this information?

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