The Oil Market Challenge

Shebonti Ray Dadwal
Archive data: Person was Consultant at IDSA Shebonti Ray Dadwal is consultant at Manohar Parrikar Institute for Defence Studies and Analyses (MP_IDSA) where she heads the Non-Traditional Security Centre. Prior… Continue reading The Oil Market Challenge read more
Volume:40
Issue:5
Commentaries

Over the last few years, it has been a roller coaster ride for the oil markets. From $110 a barrel in 2010, prices began dropping from June 2014 and finally dropped to below $30 a barrel in January 2016. Then from the end of the first quarter of 2016, prices started recovering and have been hovering around $50 a barrel since May

Keywords: Energy Security, Oil