Quarterly Oil Market Update- Attention shifting from supply to demand.
Oil Market ReportBrent Oil prices dropped by 18 percent quarter-on-quarter in Q3 2015 and averaged $50 per barrel. The market continues to witness a shift from supply to demand and no appreciable upside on oil prices is envisaged by this trend. The continued moderate pace of global economic growth will result in a 1.4 percent year-on-year global oil demand uplift with similar growth rates envisaged for 2016.
The Impact of Lower Oil Prices on Shale Oil
Oil Market ReportThe Impact of Lower Oil Prices on Shale Oil
