SUGAR LAND, Texas, Oct. 31, 2017 /PRNewswire/ -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Project spending in the North American crude oil Production, Pipelines and Terminals industries is expected to hold steady or rise slightly in 2018 when compared with 2017. But it could be driven even higher--or decline--depending on several variables, mainly global demand and prices for crude oil, Chris Paschall, Industrial Info's vice president of global research for the Oil & Gas and Petroleum Refining industries, told an audience of about 500 attendees at Industrial Info's 2018 Industrial market Outlook event held in Baton Rouge, Louisiana, October 12.
Within this article: Details on where oil demand and prices are expected to go over the next few years, with insights on how the pipeline and refining industries will be affected.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to [email protected] or visit us online at http://www.industrialinfo.com.
William Ploch
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SOURCE Industrial Info Resources, Inc.
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