Wed, Oct 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Futures and Options, Oil more

What does OPEC think about the future of oil?

Posted on 18 November 2013

The new ‘World Oil Outlook’ report from Opec, according to its secretary-general Abdullah Salem Al Badri, “aims to share Opec’s views on the world’s energy prospects, and its associated challenges and opportunities.” The report, in its seventh edition, “discusses the principal issues that could shape the future of the global energy markets, particularly in relation to oil.”
The report assumes oil prices to remain stable in the long run as the rising cost of the marginal barrel would prevent their drop and, therefore, in nominal terms, a $110 per barrel on average up to 2020 and then rising gradually to $160 a barrel by 2035…which is only $100 a barrel in real terms………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031