Cantor Fitzgerald: Oil demand 'still expected to grow in 2019' despite trade war-induced downturn
Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald Europe, gives his thoughts on expected oil growth for next year.
Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald Europe, gives his thoughts on expected oil growth for next year.
Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018 - 2025, according to GlobalData.
According to ESAI Energy’s recent North America Watch, local refinery demand for light sweet crude will remain unchanged, so these new flows will double the surplus crude available for export.