(EnergyAsia, October 12) — Resource nationalism, once the rage in the developing world, is back with a vengeance. Add that to geopolitical tensions, paper speculation, strong world demand growth and fears of oil depletion, oil prices are more likely to test new highs in the coming years than plunge back to the average US$20-30 barrel…
MARKETS: Back In Fashion, ‘Resource Nationalism’ Adds To Oil Cost. Producers Stronger Than In 19
Posted on October 12, 2006 by EnergyAsia