PROSPECTS FOR WORLD OIL CONSUMPTION AND DYNAMICS OF WORLD PRICES FOR IT
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3 ОБЩЕСТВЕННЫЕ НАУКИ
Date of publication
01.07.2019
Public year
2019
ISBN
2073-6487
PROSPECTS FOR WORLD OIL CONSUMPTION AND DYNAMICS OF WORLD PRICES FOR IT
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The article discusses changes in the structure of the global energy balance and the dynamics of world energy prices due to the emergence of new technologies and environmental problems. Oil as an energy source is gradually losing its leading role, giving way to electricity, natural gas, renewable forms of energy in the form of the sun, wind and bioorganics. A significant reduction in the rate of consumption of oil and other hydrocarbons on the basis of an increase in their proven reserves, suitable for development, led to an oversupply of energy resources on the world market, to a slowdown in the growth of world prices for them, and in the long term - to their reduction.
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