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Foregone Conclusion Part 2 of 2

Monday, March 2nd, 2020 Category: Long Form Reports
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Foregone Conclusion Part 2 of 2

Two weeks ago we looked at the UPME’s demand scenarios, pointing out that 70% of the forecast growth comes from the Oil+Gas sector, a fact we found surprising, especially considering that the forecast was not well explained and seemed to be way off in the first year of the study (2019). This week we look at supply and the ‘balance’ or the difference between supply and demand.

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