Quick Links


Global Petroleum Market Entry Risk Assessment and Opportunity Mining Through Comparison Matrix ApproachNormal access

Author: S. Rajan
Event name: IPTC 2008: International Petroleum Technology Conference
Session: Meeting the Energy Needs of a Growing World Economy
Publication date: 03 December 2008
Organisations: EAGE
Language: English
Info: Extended abstract, PDF ( 150.98Kb )
Price: € 20

Escalation of per-barrel crude prices is expected to continue on an inflation adjusted basis in the foreseeable future according
to most analysts. Rising prices are largely attributed to market forces fueled by surging world economy and growing
demand, particularly in Asia and Middle East. Relatively flat rates of exploration and exploitation success have been unable
to keep pace with that growth, leading to tight supplies. Politics, weather, speculation and other factors further contribute to
supply uncertainty.

Back to the article list