The COVID-19 pandemic sent the oil industry into turmoil on a scale not seen since the
1970s. While the sector appears to be recovering, questions remain about the extent to …

The oil market is experiencing unprecedented dislocations in 2020. The industry is trying to
cope with the biggest slump in demand ever recorded, as governments around the world try …

Assessing prospects for future oil prices is an uncertain activity but, barring Middle East
conflict creating severe supply issues, crude oil prices are expected to stage a recovery by …

Abstract 20 years ago, in 1998, Scientific American published a paper by Colin J. Campbell
and Jean H. Laherrère titled “The End of Cheap Oil”[1], starting a debate on oil depletion …

This paper discusses theories that can explain the zig-zags of oil prices in general and in
particular the recent jump. More precisely, the following explanations are discussed: Homo …

Oil scarcity: What have the past three decades revealed? - ScienceDirect Skip to main
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This paper explains, in broad terms, the price of oil from 1971 to 2014 and focuses on the
large price increases after 1973 and 2004. The explanation for these increases includes the …

Following four years of relative stability at around $106 per barrel (bbl), oil prices have
declined sharply since June 2014 and are expected to remain low for a considerable period …

This paper investigates the significant risk of a supply crunch in the oil market by 2025 and
beyond, given current pace of investment and growth of world demand. We focus particularly …

After several years at high levels, oil prices dropped by more than half between June 2014
and January 2015. This realignment has caused companies and countries to reconsider …