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supply demand


WILL OIL COMPANIES INVEST

By: Sam Stires / Posted on: October 25, 2018

Wood Mackenzie (WoodMac), a global energy, chemicals, renewables, metals and mining researching and consulting firm, states companies need to raise investment into new production by 20%. Oil and gas companies need to increase annual investment before a supply demand in 2025. The investment could reach about $600 billion to ensure companies sustain production and growth for impending demand.

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Demand Destruction

By: Mike Dombroski / Posted on: September 14, 2018

Oil prices are trading lower today primarily because our industry is looking at the weakening Hurricane Florence more so as petroleum demand destruction rather than a supply disruption event.

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Deluged for Days

By: Peter Haralambakis / Posted on: September 11, 2018

As we navigate through peak hurricane season, market participants are glued to their weather consoles watching, waiting, anxiously for every update to the two weather disturbances, two hurricanes and a tropical storm churning in the Atlantic and Gulf Coast.

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