Competition success review online
Competition success review online
an article about the Impact of Shale Gas
revolution on Global Energy Market
is in CSR Magzine
Competition successreview online The shale gas revolution in the US had a
profound impact not only on the US, but also on the Global
Energy Market. A significant increase in shale gas production in the US not only allowed the
United States
Competition success review online to reduce its oil import dependence but also influenced international oil
prices. The increase in the shale gas
production in the US led to lower demand for the crude oil leading to the
decrease in their prices between 2014 and 2016. competition success subscription
The
Organisation of Petroleum Exporting Countries (OPEC) sought to
stem the decline in the crude oil prices by cutting down on their production. competition success subscription
Thus, it has been recently highlighted that there has to be a
greater coordination
between the US and OPEC in order to counter volatility in
the prices in Global Energy Market
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