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Expert Analyses of the following article:

OPEC cuts forecast for oil demand growth

Source: www.iht.com
August 18, 2008
OPEC cuts forecasts for oil demand growth
Author: GLG Expert Contributor
Conventional economic trend fitting cannot anticipate changes in market direction.  It always over or under shoots. Logistic substitution, on the other hand, does anticipate changes in direction and has accurately forecast the share of oil in primary energy markets.
Michael LynchAugust 18, 2008
ExxonMobil, Shell, Chevron, others may get off the political hot seat
Author: Michael Lynch, Consultant, Michael E. Lynch
Reuters reported in the august 16 issue of the International Herald Tribune that OPEC cut its forecast of global crude oil demand for the fifth month. Production is more than adequate. Supply and demand are in balance. The 13 members of OPEC produce 40% of the world supply. Higher OPEC production and a strengthening dollar indicated a weaker outlook for the oil market. The softening world economic...

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