"Asia Pacific Group" - Low Oil Prices Cannot Last..

Asia Pacific Group' on the imminent oil supply crunch and why now is the best time to invest.

Asia Pacific Group analysts are reportedly advising its clients that the return of $100 a barrel oil is guaranteed and that investment in the commodity now will lead to substantial profits in the medium to long term.

The Asian-based private fund has been adamant that the mainstream “demand destruction” commentary has been over-played and that the low oil price is a disincentive to producers who, it says, need to be investing in methods of increasing supply to meet the demands of the post- recession global economy.

Asia Pacific Group have commented that the development of resources such as the oil tar sands of Canada require oil to be trading at a minimum of $75 a barrel in order to make its extraction viable for producers. It believes that demand from China will more than replace that lost as a result of the recessions in the US and Europe.

Asia Pacific Group analysts continue to dismiss suggestions that China’s economy will slump as a result of a collapse in its export-based economy said a source close to the firm. The source added that domestic demand in China was a far more significant factor in the Chinese economy than it had been in the past and that this, together with aggressive lending by its state-controlled banks would see China emerge as a self-contained economic superpower producing and consuming its own goods