Not exact matches
Goldman Sachs is not ready to raise its $ 62 target on Brent and $ 57.50 forecast for U.S. crude in 2018, but says there's a
growing risk that
global inventories will fall too quickly and push up prices.
Demand is
growing at a rapid clip — increasing at a 1.6 million - barrel - per - day rate this year —
global supply fell in August, and
inventories have drained at a much swifter pace in recent months.
Global crude prices are poised for an upswing through the end of 2017 as
inventory levels tighten, but
growing supply is likely to outstrip demand next year, leading to market surpluses, a panel of industry analysts said Wednesday the S&P
Global Platts Asia Pacific Petroleum Conference.
The energy sector has been out of favor for so long now that the lack of investment combined with OPEC production cuts are pushing down
global oil
inventories while world economies continue to
grow.
Growing global beef (as well as poultry and pork) production, together with increased cattle
inventory in Australia, will exert downward pressure on Australian cattle prices in 2018.
Still, given the
growing international demand for Japan's vintage
inventory, as seen in the numbers released by Buyee, we may well see greater incentives for more Japanese sellers to join the
global marketplace.
Faced with high
inventory, declining volumes and sudden shift in buyer demand from diesel to petrol variants, Honda India plans to launch hybrid version of the Accord sedan and the
global Civic mid-size to revive its fortunes in on one of the fastest
growing auto markets of the world.
â $ œI believe that although there may be a number of factors with regard to oil, the predominant factor by far is supply and demand, is the fact that
global production and capacity hasnâ $ ™ t increased appreciably over the last 10 years and the demand has continued to
grow and
inventories are at low levels, â $?