we still have a global oversupply of oil that keeps the prices...

we still have a global oversupply of oil that keeps the prices in the current range, i think all here will agree (except for one particular troll here that is a global oil price drop denier)  that the best opportunities for the model cosimo works on is that right now is the best time for both struggling oil field operators to attract capital and get more oil delivery and value right now, as its also the best time for capital investors to get into fields and set them up for higher outputs and value add on the inevitable price increase cycle of oil

one factor that is being discussed a lot more is that the new discoveries are now at their lowest for many many decades, you have to go back 69 years to 1947 to match the lack of new discoveries, which is supporting a theory that lack of discovery will impact in the coming years on the supply side and impact the oil price also..