Thursday 10 November 2011

Ten Opec forecasts - Zawya

Read the ten major forecasts from Opec's latest World Oil Outlook, ranging from the challenges and prospects for oil developers to the intense competition they will face over the next 25 years.

Opec's in a brave new world and it knows it. Political and environmental pressures, shifting markets and new energy sources and supplies have made it a dangerous new world for the oil bloc that produces a third of the world's oil supplies, and sits on more than half of the proven reserves.


But the cartel is determined to maintain its ground and even improve it share of the global oil market.

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