Energy Flash Report - No Registration Needed for Purchase
Written by executive editor Tom Stundza, Purchasing's Energy Flash Report is a concise end-of-the-quarter round-up of news and events that influence spot-market pricing for energy products. The report also provides an early look at pricing action expected in the coming quarter.
Latest Energy Flash Report – December 16, 2009, issue preview:
World petroleum demand will rise in 2010 but how much is uncertain
Growth in world oil demand will increase next year as industrialized and developing nations alike recover from global economic slowdown, but the rate of expansion is under debate. But it is generally accepted that a boost of oil demand will come in some Asian and Mideast countries, and from the lasting effects of economic stimulus policies in some Organization of Economic Cooperation & Development countries. That’s why most 2010 price forecasts for crude oil generally settle at $68/barrel, as compared with an expected $62 average in 2009.
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