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Oil turbulence in the next decade
July 9, 2008. 
A CIEP analysis of the recent development of demand and supply for crude oil indicates that the mismatch in supply and demand growth could cause tighter oil markets than we already experience today. In the World Energy Outlook 2007, the International Energy Agency (IEA) warned of a possible 'energy crunch'. But what was anticipated to happen in the first part of the next decade has been fast-forwarded to today, more than 5 years earlier, and could shake the very foundation of our energy systems if no action is undertaken. The essay "Oil Turbulence in the Next Decade" analyses oil price formation and the impact on global economic relations and geopolitics. Read more »