Adopting an Old Cliche Can Work in Oil Royalties
Experts might vary about their analysis on whether the world’s oil production has already peaked or not but one thing is clear: no more free ride as far as cheap oil is concerned. The voracious appetite of Asian economies further place a stress on the world’s growing demand, which the International Energy Agency estimates will grow to 70,000 barrels this year alone.
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Categories: Futures and Commodities