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Vienna, Dec. 4, 2015 Saudi Arabia’s Minister of Petroleum Ali al-Naimi speaks to reporters before the start of the 168th meeting of the Organization of Petroleum Exporting Countries (OPEC); oil ministers showed no inclination to pump less to ramp up prices (source: dpa)

Global trends: low oil prices today may not mean low investment tomorrow

Today’s relatively low price of oil seems to have reconciled the otherwise conflicting interests of the world’s largest producers and consumers. Organizations representing these two groups have warned of negative repercussions, including a price spike that could follow from lower investment. However, the relationship between oil prices, investment and future supply...
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