onsdag 13 maj 2009

Oil Prices: Norwegian Supply Falls; Is $100 Oil Far Away?

"Norway, the world’s fourth biggest crude exporter, said Monday that its oil production fell a sizeable 7% in April to 1.99 million barrels a day last month from 2.15 million barrels a day in March."

"The Norwegian situation is being replicated in other non-OPEC oil producers, such as Mexico and the U.K. These regions are mature and giving up less oil, meaning that keeping production flat is getting harder and harder."

Oil Prices: Norwegian Supply Falls; Is $100 Oil Far Away?
http://blogs.wsj.com/environmentalcapital/2009/05/11/oil-prices-norwegian-supply-falls-is-100-oil-far-away/

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