Crude prices 2016: What lies ahead?

Author Toby Shelley

What will the global crude market look like this year?

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.

[caption id="" align="aligncenter" width="624"]Crude prices 2016: What lies ahead? Crude prices 2016: What lies ahead?[/caption]

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

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