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Analysts See Rising Oil Demand, Prices in Next Few Years

Analysts See Rising Oil Demand, Prices in Next Few Years


Attachment: capexpira, breakeven, newproductivity, capexcuts

SUGAR LAND--August 17, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The buzz at ENERCOM's The Oil & Gas Conference in Denver, Colorado, both from the speaker's podium and the side conversations taking place among the 2,000-plus participants, called to mind the bumper sticker that once adorned so many vehicles in the Oil Patch: "Please God, give me one more oil boom. I promise I won't screw this one up."

Within this article: Industry sentiment regarding the potential of an upswing in oil demand. Additional companies: Cabot Oil & Gas Corporation (NYSE:COG), Range Resources Corporation (NYSE:RRC)

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