SUPPLY DEMAND

 

Long Term Oil Demand To Maintain Upwards Trend Despite Eurozone Jitters

 

Long term demand for crude oil is expected to maintain its upwards trend, despite the growing threat to near term global consumption from the escalating Eurozone sovereign debt crisis, agreed speakers at APICORP’s symposium on 30 May in Bahrain. Nevertheless, they warned that Europe’s ongoing problems, along with the potential spread of unconventional...