(EnergyAsia, August 11) — As crude prices remain stubbornly near $60 per barrel, the question dominating the oil market remains whether we have entered a new paradigm marked by persistent high prices and worries over potential shortages. In the latest edition of its Stockwatch Quarterly Review, US energy consultant ESAI forecasts crude prices to…
MARKETS: ESAI predicts lower demand, higher production to weaken global oil fundamentals
Posted on August 11, 2005 by EnergyAsia