Hisao Sato
Hisao Sato
china compared crude demand expected growth increase india oil rise slightly sweet
Oil demand in the U.S., China and India is expected to rise further. Supplies, especially of sweet crude oil, will increase only slightly compared with the growth in demand.
continue factors feed growing moving oil products
Factors in the U.S. will keep moving oil prices. The U.S. will continue to import oil products to feed its growing economy.
build capacity costs depend expansion market oil plans project rising shortage swings until
There are many plans to build refineries, but with rising construction costs and a shortage of project engineers, expansion isn't that easy. Until this new capacity comes on stream, oil market swings will depend on the U.S. situation.