Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.

Industry Metrics: Supply disruptions, geopolitical tensions add volatility to prices

04.07.2014  |  HP Editorial Staff

Keywords: [industry metrics] [pricing] [supply]


Cold weather, supply disruptions and geopolitical tensions continue to add more volatility to oil prices, supporting prices above $100/bbl. The events occurring in Ukraine, along with other political strains in North Africa and the Middle East, continue to infuse more tension in energy markets. Stress in Europe maintained the North Sea Brent crude oil spot price in February at approximately $110/bbl. The US EIA expects the Brent crude oil price to weaken as non-OPEC supply growth exceeds growth in world consumption, thus calming shortage fears.





Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry


Is 2016 the peak for US gasoline demand?




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2016 Hydrocarbon Processing. © 2016 Gulf Publishing Company.