2014–2016 Oil Glut and OPEC Policy Shift

1. Oil prices begin sharp mid-2014 slide

   Jun 1, 2014Labels: Crude prices, North American

   • DW
   • IEA via CNBC

2. IEA warns non-OPEC supply surge pressures OPEC

   Nov 12, 2014Labels: IEA, Non-OPEC supply

   • IEA via CNBC
   • IEA via CNBC

3. OPEC keeps 30 million bpd target

   Nov 27, 2014Labels: OPEC Vienna, Gulf producers

   • DW
   • WashPost

4. U.S. crude output peaks during price decline

   Apr 1, 2015Labels: U S, Tight oil

   • EIA data

5. OPEC drops agreement on a firm output ceiling

   Dec 4, 2015Labels: OPEC meeting, Production ceiling

   • ForeignPolicy

6. U.S. lifts long-standing crude oil export ban

   Dec 18, 2015Labels: U S

   • TIME

7. Oil prices hit multi-year lows amid surplus

   Jan 6, 2016Labels: Crude benchmarks, Oil-exporters

   • CNBC
   • FoxBusiness

8. Doha output-freeze talks collapse

   Apr 17, 2016Labels: Doha talks, Major producers

   • CNBC
   • Guardian

9. OPEC reaches preliminary cap agreement in Algiers

   Sep 28, 2016Labels: OPEC Algiers, Production cap

   • DW

10. OPEC agrees first production cut since 2008

    Nov 30, 2016Labels: OPEC cut, Collective ceiling

    • DW
    • CNBC

11. Non-OPEC producers join coordinated output cuts

    Dec 10, 2016Labels: Non-OPEC partners, Russia

    • CNBC
    • Guardian

12. Glut-era strategy ends with coordinated rebalancing plan

    Dec 31, 2016Labels: OPEC-plus, Rebalancing plan

    • DW
    • DW