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Keywords: upward pressure
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Proceedings Papers
Oil Supply and Demand Analysis: A Price Forecast for the Post-Iran-Iraq War Period
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Hydrocarbon Economics and Evaluation Symposium, March 9–10, 1989
Paper Number: SPE-18916-MS
.... Knowning the probable supply and demand, the the study covers the next five years which will possibly be the most turbulent, at least as far as the oil prices are concerned. It was concluded that oil prices will remain in the 15-18 dollar/barrel range until 1995. After 1995, an upward pressure on prices...