oil rebound maybe 5 years away as 1986# Stock
w*8
1 楼
http://www.bloomberg.com/news/2015-01-13/oil-s-1986-collapse-si
oversupply vs. low-demand, the difference???
Shale gas/oil technology will easily survive the recent crude crash. With
consolidation in energy sector,it may be unlikely for crude to go back to
the historically high price because of the long-term supply-demand balance
shifts toward over-supply side. There are vast amount of shale gas and oil
reserve around world, including China.
Dismal global economy will unlikely drive a surge of oil demand this decade.
Just my guess.
oversupply vs. low-demand, the difference???
Shale gas/oil technology will easily survive the recent crude crash. With
consolidation in energy sector,it may be unlikely for crude to go back to
the historically high price because of the long-term supply-demand balance
shifts toward over-supply side. There are vast amount of shale gas and oil
reserve around world, including China.
Dismal global economy will unlikely drive a surge of oil demand this decade.
Just my guess.