(EnergyAsia, August 18 2010, Wednesday) — The US Energy Department’s Energy Information Administration (EIA) has forecast global oil supply to grow by a mere 0.6% per year between 2011 and 2020. The forecast, contained in the recently released International Energy Outlook 2010, stands in sharp contrast to a forecast in 2007 when EIA said oil…
MARKET: Anaemic growth in global oil supply seen through 2020, far below demand increase
Posted on August 17, 2010 by EnergyAsia