Saxo Group Videos

Videos Channels Search

OPEC fall out: The five biggest losers

After OPEC's decision to keep oil production at 30 million barrels per day, crude prices have been plummeting. On Friday they fell to a four-year low. They've already declined a third since June due to a boom in U.S. shale oil and weaker economic growth in China and Europe.   


So who are the biggest losers? Saxo TV looks at Russia, the energy sector, US shale oil producers, deep sea drilling firms and the poorer members of OPEC itself.

01:45 minutes
Tags: brent, brent crude, brent geo-political, brent spread, china, china economy, crude, crude oil, crude oil prices, crude price, crude prices, crudeoil, drilling, energy, energy companies, energy demand, energy industry, energy market, energy prices, energy sector, energy stock prices, energy supply, energysector, europe, european economy, eurozone, nigeria, oil, oil and gas, oil commodities, oil demand, oil drop, oil industry, oil inventories, oil market, oil news, oil price, oil prices, oil production, oil stocks, oil supplies, oil supply, oil trading, oil wealth, opec, opec intervention, opec meeting, opec price, opec production, production, production cuts, productivity, russia, russian, russian ruble, saudi, saudi arabia, saudi oil, saudi opec, saxo bank, saxo bank saxo tv, saxo tv, saxo tv trading floor, saxotv, shale oil, tradingfloor, tradingfloor.com, wti, wti and oil, wti brent, wti brent spread, wti crude, wti crude oil, wti price, wti supply, wti vs brent, wticrude

Switch to