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Low oil prices putting supply growth at risk

Posted on 31 March 2009

From Commodities-now.com: The collapse in oil prices could end up cutting the growth in future oil supply in half from what would have been anticipated during the high price period, according to a new study from Cambridge Energy Research Associates (CERA), an IHS Inc.company.

The Long Aftershock concludes that about 7.6 million barrels per day (mbd) out of total potential future net growth of 14.5 mbd from 2009 to 2014 are “at risk.”….Full Article: Source


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VRS - who has written 36243 posts on Opalesque Commodities Briefing.


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