A defining moment has arrived: why demand for OPEC oil will never be the same
Last month the Paris-based International Energy Agency too conceded that the US was the biggest producer of oil and natural gas liquids. In view of the growing US supplies, the OPEC too is cutting forecast of demand for its own oil by 300,000 barrels a day next year.
Create alert for WashingtonWashington,
Create alert for ParisParis,
Create alert for International Energy AgencyInternational Energy Agency,
Create alert for BloombergBloomberg,
Create alert for Bank of America Corp.Bank of America Corp.,
Create alert for Energy Intelligence GroupEnergy Intelligence Group,
Create alert for Yoshikazu KobayashiYoshikazu Kobayashi,
Create alert for Julian LeeJulian Lee,
Create alert for Francisco BlanchFrancisco Blanch,
Create alert for Institute of Energy EconomicsInstitute of Energy Economics,
Create alert for US Department of EnergyUS Department of Energy,
Create alert for Organization of Petroleum-Exporting CountriesOrganization of Petroleum-Exporting Countries
- Underestimation or outright denial? Shale ‘euphoria’ deemed ‘pointless’ by some in the Gulf
- The 'oil curse' just became more real: how oil smuggling in financing the ISIS’ operations
- Why will Middle Eastern oil prices go up?
- Yemen and lifting energy subsidies: the great struggle
- Playing things safe: is China diversifying away from GCC oil imports?