World market to be in shortage of oil in III quarter 2010

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Almaty. January 19. Kazakhstan Today - The world market will be in shortage of oil in III quarter of 2010 when demand will exceed supply in connection with the end of the economic crisis. The American Bank Goldman Sachs forecasted, the agency reports citing ITAR-TASS.
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News / Oil and gas

17:13 19.01.2010
text: "Kazakhstan Today"
views: [19]

Oil and gas

World prices for oil gone up

Gazprom to increase by 13 % volume of purchases of gas in Central Asian countries

Russia renewed oil deliveries to Kazakhstan

LUKOIL suspended oil deliveries to Kazakhstan

World prices for oil gone down

Almaty. January 19. Kazakhstan Today - The world market will be in shortage of oil in III quarter of 2010 when demand will exceed supply in connection with the end of the economic crisis. The American Bank Goldman Sachs forecasted, the agency reports citing ITAR-TASS.

According to the analysts, oil consumption by autumn will be at the level existed at the moment of the beginning of the crisis. However, consumption growth will occur in the conditions of absence of large investments into the petroleum industry within the last three years. There will be a shortage of oil as a result.

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