elianagrace26 – https://www.expertmarketresearch.com/reports/reserve-crude-oil-market

The global reserve crude oil market price forecast predicts that crude oil prices are expected to decrease within 65–75 USD per barrel in the next 12 months. The report also covers the movement of crude oil across the globe, analyzing the total crude oil imports and exports. It examines the Porter’s Five Force Analysis, elaborating factors such as buying power, supplier power, barriers to new entrants, the intensity of competition and threat of substitutes. Global demand and supply growth have sustained above 100 million barrels with supply/demand reflecting stability. The implied surplus line issloping sideways further implying stability in the global market. However, the relative levels of surplus remain high and will weigh negatively on the crude oil prices.