Are We about to Witness the Biggest Oil Crisis since 1986?

....85 sparking chaos in the markets throughout the globe. Some even argue that the 1986 oil crisis predetermined the collapse of the Soviet Union. Analysts draw parallels between... ... dynamic in 1986 and 2015 based on similar trends that prevail in the market at the time. OPEC’s decision to sustain daily oil output over supporting the price of crude... ... National budgets of OPEC members are now critically dependent on the price of oil. Saudi Arabia, for example, had to issue first sovereign bond since 2007 to cover the...