United in the face of adversity
January 03, 2009
With forecasts for GDP and oil-demand growth locked in a seemingly relentless downward spiral of downgrades, crude prices looked set to end 2008 at around onethird
of their mid-year peaks. The Madrid WPC will look, in hindsight, like the last party of the great oil boom... Editorial comment from the Petroleum Economist, Jan 2009
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