Petroleum (producing)

Authors :: Egan, Robert M.
Clark, Charles
Lyons, John T.
Mitkowski, Robert, Jr.
Ferguson, Keith E.
Baade, Jeffrey J.
Lewis, Raphael A.M.
Source :: The Value Line Investment Survey (Part 3 - Ratings & Reports). March 3, 1995, Vol. 50 Issue 25, p1841, 19 p.
Publication Year :: 1995
Abstract: Oil prices for 1995 at $16.50 to $20 a barrel are expected to remain at these levels, which is 30% above 1994. Economic growth in Western Europe, Japan and elsewhere, turmoil in the former Soviet Union, and Iraqi oil sanctions are factors influencing the supply-demand ratio for petroleum. Increased supply and reduced demand caused by weather and other factors have weakened natural gas prices. Investments in these industries for the coming year must be judged on an individual basis.

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