ASX 0.71% $63.55 asx limited

#### oil - $100 a barrel ####, page-3

  1. 24,765 Posts.
    There's a major problem. The demand for oil keeps increasing in the West. China also needs vast amounts of oil. But output has not been increasing. Eg. it has been declining in the US for many years. Nor are the amounts of oil used in any given year being replaced with similar discoveries of new oil.
 
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