Slow Chinese growth may exacerbate global slumping prices.

摘要

According to ICIS' John Richardson, Brent prices are likely to average $40/bbl over June-Dec. 2017, falling to $35/bbl at the end of that period. Shale oil production in the US is likely to continue, he said, and the US government is likely to "do everything it can to boost US oil, liquefied natural gas (LNG) and liquefied petroleum gas exports," through tax changes, relaxed environmental rules, and "a new approach to geopolitics."