• TriStone Holdings Ltd.

Oil Market - Supply Vs Demand.

Updated: Aug 16, 2018

Oil markets are still adapting to the changes set in motion by the extended period of high prices that fostered the emergence of tight oil in the United States. How oil demand evolves from here, and the prospects of a peak in demand, will be determined by a variety of factors including oil prices, the economic transition underway in major demand centres (most notably China), the pace of fossil-fuel subsidy reform, the speed at which disruptive technology and business models emerge in the transport sector and prospects for the two most stubborn sources of oil demand growth: petrochemicals and road freight.

Source: International Energy Agency (IEA)

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