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Economics

Sliding oil price would stop the slide in the oil price

Where oil prices go between now and the next OPEC meet in June next year is anybody's guess. All things being equal and remaining as they are - i.e. US oil shale supply continues to increase and world growth continues to growl - it's easy to extrapolate further slide in crude oil prices.

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Read more: OPEC,  Brent,  Iraq,  June,  US oil shale supply,  Economics,  Australia,  BOE,  BOJ,  Conference,  December 2011,  ECB,  Economist magazine,  Fed,  Gulf producers,  Iran,  Kuwait,  Lower oil prices,  Nigeria,  OPEC cartelists,  OPEC members,  Organisation,  Organisation of Petroleum Exporting Countries,  PBOC,  Petroleum Exporting Countries,  Saudi Arabia,  Venezuela,  Vienna,  WTI