(EnergyAsia, October 30 2012, Tuesday) — Weak demand and rising output will dampen the outlook on oil prices over the next five years, but geopolitical tensions and the risk of military conflict in the Middle East will keep the market from crashing, according to forecasts from two authoritative organisations. Both the International Energy Agency (IEA)…
MARKETS: IEA, Goldman Sachs expect oil prices to be capped through 2016
Posted on October 30, 2012 by EnergyAsia