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15 year projection-I: Oil & gas prices to stay flat
Jan 31: Latest yearly projections released on spot crude prices up to the year 2030 show a flat price, in the range of $ 60-$ 65 range
8Prices are not likely to move further from here on account of plentiful reserves and fight for market share by leading world producers of crude
8North Amercian gas prices are also projected to stay low over this period, never exceeding the $ 4/mmbtu mark
8This means that Japanese delivered prices will not exceed the $ 8/mmbtu mark
8Coal prices on the other hand are to fall over the projected period.
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