BP’s oil spill to tighten global oil supply - report

The world being squeezed in a G-clamp

The explosion on BP's Deepwater Horizon oil rig, from the Macondo oil well in the Gulf of Mexico in April will slash US oil production and as a consequence tighten global oil supply as regulators use the disaster to impose stricter rules on exploration, drilling, operations and physical infrastructure, says Barclays Capital in its latest report Global Energy Outlook: Value after Macondo.

Barclays Capital added that the oil price for the end of 2010, which currently stands at $90 barrel (bbl) loo

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: