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: Global markets poised to reach new equilibrium

07.11.2014  |  HP Editorial Staff

Keywords: [industry metrics] [markets]

Global energy markets are reaching a new equilibrium, according to Wood Mackenzie analysts. As demand shifts to the East, it will expand to extraordinary proportions. 

However, the world also finds itself in an era of robust energy supplies. A shift from volume to value is rebalancing the energy market to a “supply-push” condition as demand softens. 

New non-OPEC supplies are contributing to the situation. After the mid-June 2014 meeting, OPEC countries announced that the nations will keep the target production at 30 million bpd for another six months. HP

 


 


 
 

 

 



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

Related articles

FEATURED EVENT


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

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

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


63%

37%




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.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.