Ahead of the OPEC meeting in Algeria, Oilprice.com sat down with Robin Mills, an expert on Middle East energy strategy and economics, to get a clearer view of the forces at play in this key event. Oil Price: Hello Robin, thanks for taking the time to talk to us. To begin with, it seems sensible to discuss the price of oil. It started at below $30 this year, now it is trading in the $45-50 range. Is there a chance for a strong rebound to $60-70 range and stabilizing there in 2017? Do you see an equilibrium price in that range next year? Robin Mills: There’s always a chance of that, but that’s not my most likely case. I think there will be some rebound in oil, but I don’t expect a very strong rebound. It’s because there’s such an overhang of inventory which will take […]