TITLE

Oil Price Outlook

PUB. DATE
April 2008
SOURCE
Italy Oil & Gas Report;Q2 2008, p13
SOURCE TYPE
Industry Profile
DOC. TYPE
Article
ABSTRACT
The article presents an oil price outlook for 2008. It states that oil price assumptions among companies, government departments and banks have grown quickly with the realization that intense speculative pressure on crude is unlikely to decrease during 2008. Based on Organization of Petroleum Exporting Countries (OPEC's) monthly report for December, world oil demand growth for 2007 is still forecast to grow by 1.3 million barrel per day, or 1.5%.
ACCESSION #
32480540

 

Related Articles

  • How the Money Rolls In.  // Time;11/18/1974, Vol. 104 Issue 21, p68 

    The article reports on the inflation of oil prices imposed by the 13 members of the Organization of the Petroleum Exporting Countries (OPEC) in 1974. It notes that due to the inflation, Great Britain is running a deficit of about 10 billion dollars on trade in goods and services, Italy with 9...

  • Global Oil Market Outlook.  // Japan Oil & Gas Report;Q2 2009, p13 

    The article presents an outlook of the global oil market. The forecasters provide an overview on the price weaknesses of crude oil, the numbers of risks to be examined in the business, as well as the vulnerable output growth. The article also explores the revised forecasts on the average price...

  • Global Oil Market Overview.  // Germany Oil & Gas Report;Q4 2008, p12 

    The article presents an overview on the global oil market. The second quarter of 2008 taught oil market observes several lessons, these include the less impact of supply and demand on the direction and level of crude prices. Meanwhile, the over-dependence to the Organization of the Petroleum...

  • Drive Now, Freeze Later? Supplies are down, tempers are up, and gas station lines come back.  // Time;5/14/1979, Vol. 113 Issue 20, p60 

    The article reports that many drivers have become hot-tempered and angry over the closure of many gasoline stations in the U.S. which causes tourists to wait for gasoline in lines. It mentions that the situation has gone even worse when a customer in San Francisco, California stabbed a man who...

  • Back-Door Increase.  // Time;11/25/1974, Vol. 104 Issue 22, p52 

    The article reports on the move of oil companies in the United Arab of Emirates (UAE) to increase the price of oil different from what was professed by Sheik Ahmed Zaki Yamani, the nation's urbane petroleum minister. It cites the original plan of Yamani's government that is to lower the prices...

  • Global Oil Market Review.  // Argentina Oil & Gas Report;Q2 2009, p18 

    The article focuses on the performance of global oil market as of 2009. According to Business Monitor International (BMI), global oil consumption will increase by just 0.6% and the overall increase in demand is estimated at 500,000 barrel per day. On the other hand, global oil production will...

  • Executive Summary.  // Germany Oil & Gas Report;Q4 2008, p6 

    The article presents an economic forecast related to the latest Germany Oil & Gas Report in Germany. The report reveals that the country will acount for 1.12% of the developed European regional oil demand by 2012, while making a contribution of almost 1.0% to supply. Meanwhile, during the second...

  • Global Oil Market Overview.  // Italy Oil & Gas Report;Q2 2008, p10 

    The article presents an overview of the global oil market for 2008. It states that uncertainty in underlying macroeconomic trends are seen despite the International Energy Agency's (IEA) unexpected December 2007 revision to its oil demand estimates. Furthermore, modest declines from a high base...

  • Global Oil Market Overview.  // Kuwait Oil & Gas Report;Q2 2008, p12 

    The article presents an overview of the global oil market for 2008. A 2% increase in oil demand is seen which is dominated by Asia and Central East Europe (CEE). A corresponding expansion in oil supply is needed to retain control in price hikes. There is an estimated 3.9% over the period...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics