Global Oil Market Outlook Tempered by Resurgent U.S. Shale Production

OPEC is reaping the rewards of stronger oil markets following its historic agreement with key non-OPEC producers to rein in crude production aimed at rebalancing oversupplied markets and supporting oil prices in a higher trading range in 2017.

Global Oil Market Outlook Tempered by Resurgent U.S. Shale Production
A well pump works at sunset on a farm near Sweetwater, Texas, Dec. 22, 2014. (AP Photo/LM Otero)

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Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.

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