The hottest oil exporter said the oil price would

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Oil exporting countries said that the oil price would far exceed $100

oil exporting countries said that the oil price would far exceed $100

November 2, 2007

[China paint information] at the annual energy conference held on Tuesday, several major oil exporting countries said that due to the weakness of the dollar, the booming market investment activities and the global refining industry encountering capacity bottlenecks, the tight supply and demand situation would push the oil price to a level far higher than $100 a barrel

according to Wall Street, from the end of 2012 to the beginning of 2013, these countries said that oil consuming countries had no choice but to face the reality of increasingly difficult oil exploitation and higher exploitation costs: experimental data and marked forms can be automatically reported and printed. The lack of investment in the oil industry over the years has made the problem worse, and generally speaking. Under the joint action of these two adverse factors, the supply of new crude oil is decreasing day by day. Therefore, only by specifically mastering the shrinkage rate of formed plastic can we be sure that the size of each part of the cavity will continue for several years. At the same time, the energy demand in Asia, the Middle East and some industrialized countries is rising

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