Executive Summary

December 2008
Germany Oil & Gas Report;Q4 2008, p6
Industry Profile
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 quarter of 2008, they estimated that the Organization of the Petroleum Exporting Countries (OPEC) basket price averaged just under $115 per barrel up around 24% from the first quarter 2008 level.


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