By: Duane Donner

As the price of WTI remains in the $65 – $70 per bbl range, the question has shifted from over-production to production capacity. Some industry experts believe that there is no longer a risk of a “flooded market”, like in 2015, but now the market is at risk of a supply crunch. A shortage in supply translates to a more bullish outlook for prices, ultimately leading to continued growth and profitability for oilfield service companies, especially within U.S. shale plays.

In this market insights report we will discuss the key factors that are leading experts to believe worldwide demand may outpace worldwide supply over the next 12 to 18 months.

View the Founder Oil & Gas Market Insights Report

 

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