Glossary of Terms
Latest NewsSnapshot: The View from Davos MACROECONOMICS SNAPSHOT Petrologica's projections last November of a triple dip economic cycle with a much lower oil demand profile has been almost echoed by the latest assessment by the International Monetary Fund. Oil prices may rise rather than fall again after 2012 due to supply side constraints and OPEC management. The downward correction to economic growth prospects justifies OPEC caution over demand growth. OPEC is reluctant to commit hundreds of billions of dollars in a new spare production capacity buffer to defend consumer countries against higher prices. GAS PRICE SNAPSHOTNorth American gas prices may now be at their low point. A rebound is likely soon. While internationally traded gas prices have been rising quickly, the shale gas boom in the USA has swamped the market and sent prices to their lowest point for some years. |
Petrologica: Energy Research and SimulationPetrologica builds simulators, models and scenario tools for market planners, management and investors in order to assist organisations in understanding the nature of tomorrow's energy markets. While other consultancies may only provide static forecasts, our simulation tools allow you to see how precarious or stable those forecasts may be as key factors diverge from their assumed positions. By understanding the sensitivity of the forecast, your organisation will be better placed to understand and plan for what's to come. Petrologica flies you fast forward to the virtual future with a world of interactive, dynamic simulation tools. Oil Price SimulationsWe offer private clients and institutions the opportunity to access our state-of-the-art simulation tools and extensive databases covering many aspects of worldwide energy production. The simulation tools have a wide range of applications and are offered to new clients across all segments of the energy spectrum. Our simulation tools estimate the impact of oil price changes on different markets and energy-production industries. Our oil price simulators take several input parameters that influence oil price (such as demand, production capacity, stock levels etc.) to simulate their impact on oil prices both in the short and longer term. Energy Industry DatabasesWe maintain a substantial, up-to-date database covering fields, drilling rigs and energy production around the globe. Our database tools can assist you with scenario planning and give you a better understanding of various key markets. Our tailor-made analysis and forecasts can be specific to meet your needs.
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