Express.co.uk | The modern world still runs on oil, says HARVEY JONES Express.co.uk ... greater energy efficiency, the spread of renewables such as wind and solar, and the shale revolution in the US. This has thwarted attempts by oil cartel OPEC to cut production late last year in a desperate bid to keep the profits from black gold ... Oil Price Fundamental Weekly Forecast – Rig Count Up, Higher Prices May Encourage Increased US Production Oil posts best weekly gain this year, up 8.6% to $49.71 on signs of market rebalancing Can Oil Continue To Rally? |