Insight
Cost trends of new oil supply and oil price implications
This report is currently unavailable
Report summary
US tight oil production is now a significant enough contributor to global supply that it could provide a strong floor to the oil price. This is because US industry dynamics are relatively short term and operators are able to react quite quickly to prices, with a similar impact on production. This price support is important as Wood Mackenzie calculates that, if the oil price fell below US$80/bbl, around 3.5 million b/d of production from new field developments worldwide could be at risk.
Table of contents
- Executive Summary
Tables and charts
This report includes 8 images and tables including:
- Cost trends of new oil supply and oil price implications: Image 1
- Cost trends of new oil supply and oil price implications: Image 2
- Cost trends of new oil supply and oil price implications: Image 3
- Cost trends of new oil supply and oil price implications: Image 4
- Cost trends of new oil supply and oil price implications: Image 5
- Cost trends of new oil supply and oil price implications: Image 6
- Cost trends of new oil supply and oil price implications: Image 7
- Cost trends of new oil supply and oil price implications: Image 8
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global products market weekly: Refining margins ease as crude continues to climb on geopolitical tensions
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050
Insight
Pemex financial health: reasoning and impact on recent hydrocarbon duty government aid
Fiscal reductions have alleviated some Pemex financial struggles, but further action is required to return to self-sufficiency
$1,350
Commodity Market Report
Global cobalt strategic planning outlook Q1 2024
The cobalt market will need a few years to destock before welcoming a new price cycle in the late 2020s.
$10,000