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INTSOK Project Review 2009
A comprehensive project review report prepared for INTSOK by Douglas Westwood.
The current macro-economic situation witnesses an oil price taking a sharp downwards turn due to falling demand, however the fundamentals of supply cannot be overlooked.
Douglas-Westwood’s long term view is that oil price will rise in the mid to long term as a function of reducing supply and increasing demand from developing economies such as India and China.
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