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Mediumterm Oil Market Report Oecd

  • SKU: BELL-6783798
Mediumterm Oil Market Report Oecd
$ 31.00 $ 45.00 (-31%)

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Mediumterm Oil Market Report Oecd instant download after payment.

Publisher: OECD/IEA
File Extension: PDF
File size: 1.88 MB
Pages: 80
Author: OECD
ISBN: 9789264037946, 9264037942
Language: English
Year: 2007

Product desciption

Mediumterm Oil Market Report Oecd by Oecd 9789264037946, 9264037942 instant download after payment.

Abstract: Despite four years of high oil prices, this report sees increasing market tightness beyond 2010, with OPEC spare capacity declining to minimal levels by 2012. A stronger demand outlook, together with project slippage and geopolitical problems has led to downward revisions of OPEC spare capacity by 2 mb/d in 2009. Despite an increase in biofuels production and a bunching of supply projects over the next few years, OPEC spare capacity is expected to remain relatively constrained before 2009 when slowing upstream capacity growth and accelerating non-OECD demand once more pull it down to uncomfortably low levels. 

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