Oil And Gas Outlook: Long-Term Forecasts

June 2011
United Kingdom Oil & Gas Report;Q2 2011, Issue 2, p92
Industry Profile
The article presents the Business Monitor International (BMI) Ltd.'s long-term outlook for the oil and gas industries worldwide as of the second quarter of 2011. It notes that the oil demand trend is foreseen for the 2015-2020 period, which reflects on the drive towards energy conservatism and fuel substitution away from oil. Moreover, the influence of energy prices on investment levels, production and reserve trends is also explored.


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