Sun, Apr 19, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves, Oil more

Game over for OPEC?

Posted on 21 May 2013

For more than a decade, the biggest question in energy has been whether production could keep pace with the rapidly escalating demand from emerging markets. It did, barely, thanks to crude prices that have quadrupled over that span.
The question now, though, is whether the still fast-growing Asian crude demand can keep pace with the even faster-growing production gains in North America, driven by the boom in US tight “shale” oil and increasing exploitation of the Canadian oil sands………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40108 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2015
S M T W T F S
« Mar    
 1234
567891011
12131415161718
19202122232425
2627282930