Natural gas price to rise but thermal coal to fall in 2017

Natural gas price to rise but thermal coal to fall in 2017
Published: 27 September 2016

Tagged Under: natural gas oil thermal coal 

Global oil production fell in 2Q16 as the decline in no-OPEC fields is no longer offset by OPEC growth but is expected to remain largely unchanged in 2017, particularly has there has been no double-digit growth in new investments. Demand in 2017 is forecast to grow by 1.2mbd, resulting in a Brent price of US$61/bbl, according to Bank of America Merrill Lynch (BoAML).



To continue reading this story and have 100% free access to the CemNet.com website, please Register for a subscription to International Cement Review or Login