David Martin

Will Crude Oil Break $100/Barrel?

The article misses the most consistent sources of rising demand - the oil exporters, where prices are often far below world prices.
With supply broadly static for the last 3 years (extraction has exceeded new discoveries for around 30 years) and rising demand in the exporters that will mean less available for export regardless of China and India.
Exports from other major areas like Mexico and Venezuela is collapsing already, and ramping up in other areas is by no means taking its place.