Image - 22 March 2018

Grwoth of oil production

License: Media Use
The content may be downloaded by journalists, bloggers, columnists, creators of public opinion, etc. It can be used and shared in different media channels to convey, narrate, and comment on your press releases, posts, or information, provided that the content is unmodified. The author or creator shall be attributed to the extent and in the manner required by good practice (this means, for example, that photographers should be attributed).
File format: .jpg
Size: 2854 x 1893, 1.24 MB

Download

Contacts

Maximilian Mittereder

Press contact PRESS CONTACT GLOBAL PR maximilian.mittereder@rolandberger.com +49 89 9230 8180

Silvia Constanze Zösch

Press contact PRESS CONTACT GLOBAL PR silvia.zoesch@rolandberger.com +49 89 9230 8750

Kerstin Hoppe

Press contact Head of Global Marketing and Communications kerstin.hoppe@rolandberger.com +49 89 9230 8575

Roland Berger Oil Price Forecast: Oil-Producing Countries and Institutions Expect USD 54 per Barrel in 2018

Institutions and oil-producing countries expect a moderate increase in oil prices from USD 51 in 2017 to USD 54 per barrel WTI (West Texas Intermediate) in 2018. While both demand and supply grew in 2017, the market experienced its first period of undersupply since 2013. This development and the resulting increase in prices can be attributed to OPEC's decision to reduce production in 2016.

Roland Berger

Roland Berger is one of the world's leading strategy consultancies with a wide-ranging service portfolio for all relevant industries and business functions. Founded in 1967, Roland Berger is headquartered in Munich. Renowned for its expertise in transformation, innovation across all industries and performance improvement, the consultancy has set itself the goal of embedding sustainability in all its projects. Roland Berger revenues stood at more than 1 billion euros in 2023.