Ten Trillion Dollars Needed To Avoid Massive Oil Price Spike: OPEC

Ten Trillion Dollars Needed To Avoid Massive Oil Price Spike: OPEC By Nick Cunningham of Oilprice.com - London, UK (SPX) Jan 01, 2016 OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world's energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to tripl ... morehttp://www.oilgasdaily.com/reports/Ten_Trillion_Dollars_Needed_To_Avoid_Massive_Oil_Price_Spike_OPEC_999.html