Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oil supply will not falter but low prices are a thing of the past

Posted on 28 October 2013

Global oil reserves have increased over the years despite oil production increasing significantly over the last four decades. Technological improvements permit greater unconventional oil production, claims Roland Berger Strategy Consultants.
Roland Berger Strategy Consultants examined the current status of the global oil market, providing insights into both, the demand and supply drivers that will impact oil price over the medium to long term. Unconventional reserves are now estimated to be 3.3 trillion barrels, compared to 2.6 trillion barrels of conventional oil. Oil demand is expected to continue growing over the medium term driven by growth across developing economies………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39000 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031