27.04.2011 - OPEC likely to expand role in oil markets
With oil prices once again having breached $100 per barrel, the debate over future oil supply and demand balances is growing ever more intense. On one side are warnings of an oil price spike by 2015, and on the other a belief that the markets are currently, and will remain, well supplied. Amid a wealth of analysis, both sides agree on one thing: OPEC’s role in supplying world oil markets will increase as non-OPEC oil supplies peak in coming years..............................................Full Article: Source
Print