From Peak to Plateau?
Just five years ago experts were talking about peak oil production and looming scarcity. Today, the trend has reversed as North American oil output surges and the geopolitics of energy are changing. Some experts say the outlook for oil prices is bearish. Others say fundamentals support $105 a barrel. Shale oil will not collapse the price, say others.
But, will we see a dislocation in oil prices if Chinese demand swoons?