Gulf Oil and Gas accountACCOUNT

Improved Design Practices Can Aid Environment

Source: www.gulfoilandgas.com 9/12/2016, Location: Europe

During the first months of 2016, perspectives for a stabilizing Oil market are being confirmed. Excess supply should curb in the following months given the unforecasted high increase in global oil demand (1.3 MMbpd in 2016) and decrease in the production of OPEP and non-OPEP countries. Decreasing investments in exploration-production since 2014 could also translate to a production shortfall as we approach 2018-2020, leading to a new Oil Crisis.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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