Drastic Cuts and price hike Oil20 Dec 2018 13:17
2019 could see oil reach 100$ as Main Opec companies stall on exploration , Budgets fall into dire straits onshore will dominate 2019/23 as Big oil cuts back the future exploration and investment of course this means a supply and demand issue by 2020 just as ukog go into full production..Well done if your in here looks very promising at under 2p un believable.
Oil’s plunge has taken prices below the level all but one OPEC country needs to square their 2019 budgets, increasing the risk of supply disruptions from economic dislocation and social unrest.