Medium-Term Oil Market Report 2007

Despite four years of high oil prices, this report sees increasing market tightness beyond 2010, with OPEC spare capacity declining to minimal levels by 2012. A stronger demand outlook, together with project slippage and geopolitical problems has led to downward revisions of OPEC spare capacity by 2...

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Bibliographic Details
Main Author: International Energy Agency.
Corporate Author: International Energy Agency (-)
Format: eBook
Language:Inglés
Published: Paris : OECD Publishing 2007.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705165806719
Description
Summary:Despite four years of high oil prices, this report sees increasing market tightness beyond 2010, with OPEC spare capacity declining to minimal levels by 2012. A stronger demand outlook, together with project slippage and geopolitical problems has led to downward revisions of OPEC spare capacity by 2 mb/d in 2009. Despite an increase in biofuels production and a bunching of supply projects over the next few years, OPEC spare capacity is expected to remain relatively constrained before 2009 when slowing upstream capacity growth and accelerating non-OECD demand once more pull it down to uncomfortably low levels...
Item Description:Bibliographic Level Mode of Issuance: Monograph
Physical Description:1 online resource (82 p.)
ISBN:9789264037946