Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022
This study indicates signs of recovery in the oil price beyond 2020 and predicts oil prices will reach $80 in 2022. This scenario posits an opposite view to a large number of experts who believe that oil prices will remain low for a long time. The second less preferred scenario predicts oil prices o...
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| Format: | Article |
| Language: | English |
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Sciendo
2016-08-01
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| Series: | Latvian Journal of Physics and Technical Sciences |
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| Online Access: | https://doi.org/10.1515/lpts-2016-0029 |
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doaj-e8bcf56d88584e148ec3fdba1edeb9bb2021-09-06T19:20:06ZengSciendoLatvian Journal of Physics and Technical Sciences0868-82572016-08-01534566510.1515/lpts-2016-0029lpts-2016-0029Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022Mustafa Hasan0Finance and Economics Department Business Administration College, University of Sharjah, P.O. Box 27272 Sharjah, United Arab EmiratesThis study indicates signs of recovery in the oil price beyond 2020 and predicts oil prices will reach $80 in 2022. This scenario posits an opposite view to a large number of experts who believe that oil prices will remain low for a long time. The second less preferred scenario predicts oil prices of $60 in 2022 due to a big spread in shale oil production technology worldwide, combined with a significant increase in oil production costs.https://doi.org/10.1515/lpts-2016-0029conventional oiloil demandoil priceoil supplyunconventional oil |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Mustafa Hasan |
| spellingShingle |
Mustafa Hasan Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022 Latvian Journal of Physics and Technical Sciences conventional oil oil demand oil price oil supply unconventional oil |
| author_facet |
Mustafa Hasan |
| author_sort |
Mustafa Hasan |
| title |
Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022 |
| title_short |
Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022 |
| title_full |
Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022 |
| title_fullStr |
Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022 |
| title_full_unstemmed |
Scenario Analysis for Future Oil Demand and Supply on the Horizon of 2022 |
| title_sort |
scenario analysis for future oil demand and supply on the horizon of 2022 |
| publisher |
Sciendo |
| series |
Latvian Journal of Physics and Technical Sciences |
| issn |
0868-8257 |
| publishDate |
2016-08-01 |
| description |
This study indicates signs of recovery in the oil price beyond 2020 and predicts oil prices will reach $80 in 2022. This scenario posits an opposite view to a large number of experts who believe that oil prices will remain low for a long time. The second less preferred scenario predicts oil prices of $60 in 2022 due to a big spread in shale oil production technology worldwide, combined with a significant increase in oil production costs. |
| topic |
conventional oil oil demand oil price oil supply unconventional oil |
| url |
https://doi.org/10.1515/lpts-2016-0029 |
| work_keys_str_mv |
AT mustafahasan scenarioanalysisforfutureoildemandandsupplyonthehorizonof2022 |
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