One year on: I’m sticking to the predicted crude oil price-range for 2025

Introduction  

Today’s column revisits my previous estimate of the likely crude oil price at the time Guyana’s first oil is anticipated to be fully on-stream (2025). Next week I will revisit similarly my earlier assessment of Guyana’s petroleum discovery. Before attending to these tasks, I present the promised Schedule, Modular Mini-Oil Refineries: Summary Economic Features, which summarizes the 12 economic features of mini-oil refineries highlighted in the two previous columns.