Crude prices 2016: What lies ahead?

What will the global crude market look like this year?

2015 saw global production racing ahead of demand and prices continuing to fall. US output rose and Opec maintained a Saudi-led campaign to defend market share.

Conflict in producing regions, Iran’s return to the market, falling US light crude output and slowing demand growth are some of the factors that will determine the direction of the market this year.

Crude prices 2016: What lies ahead?

Crude prices 2016: What lies ahead?

Find out how Argus Media’s exclusive insight on global crude markets and specialist knowledge of local markets can help you.

One thought on “Crude prices 2016: What lies ahead?

  1. In common sense, production will have to be brought down by crude oil manufacturing countries to a level where it becomes survivable with some or little profit. This should be the course of action in 2016.

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