The History of a Supply-Driven Bear Market: Oil Price Surprises from 2016 Onward

By Jan-Hein Jesse, Founder, JOSCO Energy Finance and Strategy Consultancy (Amsterdam) and Member of the GCARD’s Editorial Advisory Board

This article is the second in a two-part series. This series provides insights into the complex dynamics of oil price formation from 2014 onwards. Part 1 focused on the events influencing the oil markets from 2014 through 2015 while Part 2 covers (a) oil-market-moving events from 2016 through the present and near future and (b) JOSCO Energy Finance and Strategy’s field-by-field oil production analysis through 2025.