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Figure 3. Supply disruption fears have had a significant impact on price jumps. Projected demand (blue line) has outpaced supply (brown line) due to declining production in many large NOCs, war and production delays. Source: Pugliaresi and Montalbano, July, 2008, Oil and Gas Journal, p. 26-29.
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Figure 3. Supply disruption fears have had a significant impact on price jumps. Projected demand (blue line) has outpaced supply (brown line) due to declining production in many large NOCs, war and production delays. Source: Pugliaresi and Montalbano, July, 2008, Oil and Gas Journal, p. 26-29.