Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Mira Resources Corp V.MRP

TSXV:MRP - Post Discussion

Mira Resources Corp > Future Brent Pricing
View:
Post by Bejeezus on Mar 07, 2013 3:51pm

Future Brent Pricing

We should be cash flowing quite nicely come next year and beyond

https://www.theglobeandmail.com/report-on-business/top-business-stories/could-we-handle-brent-oil-at-up-to-270-a-barrel/article9438207/

A return of world growth to slightly below pre-crisis rates would be consistent with an increase in the price of Brent crude far above early-2012 levels,” the organization says in a recent report.

“Based on plausible demand and supply equations, there is a risk that prices could go up to anywhere between $150 and $270 U.S. per barrel in real terms by 2020, depending on the responsiveness of oil demand and supply and on the size of the temporary risk premium embedded in current prices due to fears about future supply shortages,” it adds.

“These projections account for a negative feedback effect of higher oil prices on GDP.”

Over that period, the OECD says, total supply would climb by about 14 million barrels a day, probably from Canada’s oil sands and the shale boom in the United States.

Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse