(EnergyAsia, August 19 2010, Thursday) — OPEC’s shrinking spare production capacity, the focus of increasing global concern, could exacerbate oil price swings in the coming years. Organisation of Petroleum Exporting Countries’ 12 members are under growing pressure to raise production to meet record global demand as a result of growth in China and India, and…
MARKETS: Shrinking production capacity to exacerbate oil price swings
Posted on August 18, 2010 by EnergyAsia