(EnergyAsia, September 18) — Over the next five years, global oil demand and non-OPEC production will both rise in a manner that will put the squeeze on OPEC, said US-based consultant ESAI. According to its latest 5-year outlook, OPEC production may not go up without contributing to a significant global surplus. The increase in…
MARKETS: Global oil capacity constraints will ease, consultant predicts
Posted on September 18, 2006 by EnergyAsia