SCENARIO ANALYSIS FOR FUTURE OIL DEMAND AND SUPPLY ON THE HORIZON OF 2022

被引:1
|
作者
Mustafa, Hasan [1 ]
机构
[1] Univ Sharjah, Coll Business Adm, Finance & Econ Dept, POB 27272, Sharjah, U Arab Emirates
关键词
conventional oil; oil demand; oil price; oil supply; unconventional oil;
D O I
10.1515/lpts-2016-0029
中图分类号
O59 [应用物理学];
学科分类号
摘要
This study indicates signs of recovery in the oil price beyond 2020 and predicts oil prices will reach $80 in 2022. This scenario posits an opposite view to a large number of experts who believe that oil prices will remain low for a long time. The second less preferred scenario predicts oil prices of $60 in 2022 due to a big spread in shale oil production technology worldwide, combined with a significant increase in oil production costs.
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页码:56 / 65
页数:10
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