OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current crisis, Goldman Sachs analysts have forecast in a report titled Top Projects 2020. Highlights from the report published by Forbes reveal the reasons for this forecast and these all have to do with the industry’s reaction to the events of the last few months: plummeting prices and skyrocketing supply. As in the 2014, Goldman said in its report, the industry is seeing shrinking investments in new exploration. This will eventually lead to tighter supply. But at the same time, the industry is under ... (full story)