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Forget Doha, Oil Demand Could Create Another Super-Cycle by 2030

  • Global oil demand to grow 1.4% a year through 2020: Bernstein
  • Crude demand will rise to 108 million barrels a day by 2035
Bloomberg business news

No Deal in Doha: What’s Next For Oil?

While talks among major producers to cap oil output in Doha fizzled, investment advisory firm Sanford C. Bernstein & Co. sees a silver lining: growing demand may bring one more super-cycle that allows investors to cash in on rising prices.

They’ll just have to wait a decade or so.