Harsh vardhan singh

Is Geopolitical Uncertainty Grips the Oil Market?

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Currently if we see towards oil market we can not predict what's going to happen next? Before, If we talking about forecasting the market then we have trends, Upcoming reports and some speculations for measuring the market condition but now we have all the things still can't forecast the upcoming trends. And Of-course we know that Geopolitics is the only thing that we can not predict. But now it seems that Geopolitics is totally hold the market.

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We must also recognize that the initial overt efforts by OPEC to kill off shale revolution broadly failed, and that has been another force frustrating gains made by cuts from OPEC. Geopolitics would have been a lesser force to oil prices had shale growth not been such explosive.

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