September 2018

$100/b oil: so near, yet still so far | Fuel for Thought

Oil industry leaders walked away from the Asia Pacific Petroleum Conference in Singapore last week assured that crude’s bull run is here to stay, but many are now wondering if a return to $100 a barrel could happen even sooner than the market anticipated just a few months ago. The view from APPEC delegates were unanimous: A cocktail of production woes, US sanctions on Iran, production constraints and an inventory squeeze may