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ISBN: 9789264229303

ISBN-10: 9264229302

ISBN-13: 9789264229303

Edition: N/A

Authors:

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Description:

The recent oil market sell off, brought on by deep imbalances after years of record-high prices, will likely prove a milestone in the history of oil. However prices eventually evolve, markets may never be the same. This edition of the Medium-Term Oil Market Report sizes up the magnitude of this transformation so far and sketches the oil landscape at the 2020 horizon. It is not just oil price signals that have changed, but also the market's responsiveness to them. On the supply side, this Report's forecast reflects not just lower price assumptions, but also the high price-sensitivity of US light tight oil compared with conventional crude, as well as OPEC's embrace of market forces in late…

ISBN-10: 9264229302

ISBN-13: 9789264229303

Edition: N/A

Authors:

Description:

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