Oil and Gas Markets to 2025 - LUKoil
... the small margins for a total consumption reduction of 30% by 2025. Overall, LUKoil forecast that BRENT oil prices in US/bbl will incur a steady rise until 2025. Only exception... ... be maintained. As we are seeing biofuel subsidy programs are being cut and even the European Commission has proposed to lower the target level of the 1st generation of... ... In the largest biofuels producer the situation is far from merry, as strategically USA aimed to limit its reliance on Middle East via alternative energy, but shale has...