An Impossible Mountain to Climb for Oil Producing Countries

Oran was in the media spotlight like never before. Hundreds of reporters and dozens of television cameras descended on the Algerian western city on the Mediterranean to cover an event that could potentially reshape entire economies and even political systems.

The event was not of an entertainment nature but was rather somber. It was somewhat about the fate of the oil industry over the next few years and eventually how oil producing countries are going to cope with one of their most challenging crises in memory. Continue here.