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LUKOIL: Oil production is in a natural decline

General discussions of the systemic, societal and civilisational effects of depletion.

LUKOIL: Oil production is in a natural decline

Unread postby misterno » Mon 09 Feb 2009, 21:56:05

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Re: LUKOIL: Oil production is in a natural decline

Unread postby misterno » Wed 15 Apr 2009, 11:34:51

http://en.rian.ru/russia/20090415/121135646.html

Russian production is in declining mode in 1Q 2009
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Re: LUKOIL: Oil production is in a natural decline

Unread postby timmatoil » Mon 20 Apr 2009, 10:43:40

Don’t expect low oil prices to last, says Jeff Christian of the Stock Research Portal Newsletter. He expects $60 to $65 is a “reasonable target” for late 2009. And given an economic recovery, “There is not enough energy to supply what is anticipated in terms of real GDP. That means oil prices go back over $100 in a three-to-five year time frame and possibly a lot farther.”

Via Stock Research Portal (http://www.stockresearchportal.com)
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Re: LUKOIL: Oil production is in a natural decline

Unread postby alokin » Tue 21 Apr 2009, 04:20:10

After $147, who is shocked by a price of $65?
All those who invested in oil will still cry.
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