“The end of the Great Crude and the ascension of the Great Energy”: the price of the barrel of oil could rise to 10 dollars, according to a consultation

Published:

16 Apr 2021 13:51 GMT

The information describes the scenario that is taking place in the sector as the world advances in a decisive way to achieve the market goals of the Paris Agreement on climate change.

Crude Brent’s crude prices have reached $ 10 per barrel by 2050, as the world accelerates its transition to medium-range low impact energy sources, according to Wood Mackenzie Energy Consultant.

If the world decides in a decisive way, it aims to reduce emissions of gasse invernaderos and is limited to this year the global calentamient to 2 degrees per year of the pre-industrial level, agreed in the Paris Agreement on the climatic change of 2015, to produce a revolution in the energy industry and to reduce the demand for petroleum, as well as el power of the giants petroleum and hydrocarbon prices, increase information.

Following the Consultation, the Organization of Petroleum Exporting Countries (OPEP) control more than 50% of the market of petroleum for 2050, due to the seriousness of the minor debt drastic caida of the demand, while the extractors of the coastal cost of Orient Medio mantendrían su liderazgo en el suministro.

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Although the company admits that this “Accelerated Transition in Energy Scenario” is only a hypothesis and not a firm prediction, the petroleum and gas sector should not pass for all the information conclusions, according to Wood Mackenzie Vice President, Ann- Louise Hittle.

“Son demasiado altos los riesgos “Associated with a robust climate change policy and technologies that change rapidly,” Hittle said.

The directive describes this scenario as “the end of the Gran Crudo and the ascent of the Gran Energía” and mentions that the companies are financially strong in the sector and are impulsando aircraft inversion to complement the decanting gains of production with new influences of money from projects of energy sources can be refurbished and of bad emission.

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