Price Pain for Oil & Gas Expected to Continue Until Demand Surges

SUGAR LAND--June 16, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Crude-oil prices have risen nearly 50% since their late-January lows, but analysts caution that current prices likely don't represent a sustainable recovery because prices have been pushed up by temporary supply interruptions more than demand growth. Within this article: Details of crude oil supply disruptions in Nigeria and Canada. Additional companies: Royal Dutch Shell Plc (NYSE:RDSA), Chevron Corporation (NYSE:CVX), Eni SpA (NYSE:E)