Analyst: Global Crude Oil Market Will be Jolted on Supply, Demand Side

DENVER, COLORADO--August 26, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--U.S. crude oil producers got a warning coupled with an upbeat prediction at the 28th annual Rocky Mountain Energy Summit (RMES) (Denver, Colorado). "It is not out of the question" that, in a few years, crude oil will once again sell for $100 per barrel, Jamie Webster, a fellow at Columbia University's Center for Global Energy Policy (Washington, D.C.), told an estimated 1,100 attendees here Wednesday. But the road to higher prices will not be a smooth one.

Within this article: Discusses sources of supply disruption