Last quote by Majid Jafar
The key issue is actually what's happening in the U.S. The kickstart of the shale oil production there is faster than anybody thought…, you're seeing it in the rig count, you're seeing it in the cost of production, they can drill wells at a third of the cost and in a third of the time now. The key question not always in focus is China. What's really going on with their growth? Indian growth of oil demand is even faster than China's now. There needs to be a little more focus on the demand side as well to truly get a view of the overall picture.feedback
“The problem over the last year is no-one has been investing enough in the upstream... (it has been this way) for three years in row which is unprecedented and so there is a real risk a few years down the line of an oil price shock.” said Majid Jafar on this article: Lack of investment heightens danger of an oil price shock: Crescent Petroleum CEO. This page contains 2 articles quoting Majid Jafar. Main topics on which Majid Jafar is quoted are Russia and U.S.. In addition you’ll find 3 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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Quotes by Majid Jafar
Jan 17 2017
The problem over the last year is no-one has been investing enough in the upstream... (it has been this way) for three years in row which is unprecedented and so there is a real risk a few years down the line of an oil price shock.feedback
Jan 17 2017
I think the new U.S. administration is going to see energy diplomacy as part of the spectrum if international relations. Much more so with the Secretary of State likely coming from the industry, I think it is going to be an interesting part of the discussion with Russia and the Middle East.feedback
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