Russia forecasts ‘serious’ oil growth demand potential to 2050



Russia forecasts ‘serious’ oil growth demand potential to 2050

https://www.xm.com/research/markets/allNews/reuters/russia-forecasts-serious-oil-growth-demand-potential-to-2050-53933749

by paperfire

10 comments
  1. Obviously by now we all know to reverse anything uttered by Russia.

    So they’re saying, “We’re fucked!”

  2. Mmhmm do this has nothing to do with their current financial situation? I’m sure they are ready for more money

    >”expects “serious” growth potential in global oil demand through to 2050 and is ready to supply additional barrels, its Deputy Energy Minister Pavel said on Thursday.”

    >”Sorokin said that Russia did not want to flood the market if there is no need, adding that production costs are set to increase as more oil will be harder to extract.”

  3. They are gonna be left with no one to sell it to, and no other concepts of a plan for their economy.

  4. Better ramp up production then and build a state of the art pipeline network. Gotta spend money to make money!

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