![Oil market at a crossroads](/.imaging/mte/efg-revamp/547x300/dam/efg/insights/2021/MFN---OPEC-may-become-the-victim-of-its-own-success/Insight_TeaserArticle_Oil_OPEC_364x508px.jpg/jcr:content/Insight_TeaserArticle_Oil_OPEC_364x508px.jpg)
Oil market at a crossroads
The price of oil has risen to its highest level since 2014 and many commentators expect it to rise above USD100 a barrel soon. GianLuigi Mandruzzato looks at the factors that pushed prices up and explains why very diverse scenarios could unfold.