Monday, December 4, 2017

Oil will soon cost $ 150 per barrel

Oil will soon cost $ 150 per barrel

New bouquet of sanctions, Russia donated US, includes the oil sector. The former head of BP, Toni Heyuord, said that eventually it will harm the West, rather than Moscow. Oil supply in the world market will be limited, which means that prices will spread upwards very soon - and quite cheerfully. In the coming years it will reach the level of $ 150, ex-president of one of the largest oil companies.


"The world calmed down a false sense of security because of the situation in the US"- Heyward said, referring to the shale boom in the US. But when production in the US will peak and begin to decline (and this will happen very soon), the world will face a big problem: shortage of oil. Production at oil basins North Slope (Alaska) have already reduced, and the rate goes to the three main regions of the world oil production: Iraq, Canada and Russia. And now, the development of untapped fields in the Arctic and Siberian shale was under huge threat. The largest oil companies in the world are suffering heavy losses and reduced activity because of the sanctions.


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