How Much Longer Will Crude Oil Prices Continue to Fall?

The video discusses the significant decline in oil prices, driven by factors such as increased US shale production and changes in OPEC's strategy, particularly by Saudi Arabia. The discussion includes the potential for price recovery, the impact of production costs, and the upcoming OPEC meeting, where different member countries have varying views on production cuts.

What factors are currently driving the decline in crude oil prices?

What are the implications of US shale production on the global oil market?

How has Saudi Arabia's approach to oil production changed in response to falling prices?

What are the potential outcomes if oil prices continue to decline?

What is the significance of the upcoming OPEC meeting in Vienna?