Forbes | The Endgame for Oil Forbes In the fourth quarter of 2014, I asserted that a barrel of oil would average $45 during 2015 and 2016. Given the nature of the growing supply glut and OPEC's unwillingness to cooperate on reducing output, I also projected that there was risk of a spike ... How Much Global Oil Output Halted Due to Low Prices? Just 0.1% Non OPEC Oil Production To Collapse In 2016 |