commodity outlook: energy - oil and gas

Copeland, Alan
March 2008
Australian Commodities;Mar2008, Vol. 15 Issue 1, p118
Academic Journal
The article presents a forecast for the energy industry worldwide and in Australia for 2008-13. The oil prices in West Texas Intermediate (WTI) is forecasted to have a 20% increase in 2008, however, by 2013, it is expected to decrease in real terms. Furthermore, the production of oil in Australia is forecasted to increase by 7% in 2008-09, however, it will decline moderately beyond 2008-09.


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