Orc addresses staff problems

03 Apr 2006

Following the departure of CEO Jonas Lindström at the end of February amid internal problems which have led to the departure of technical staff (see FO Week Vol 11 No 9), ISV Orc Software has announced...

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“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”

BarCap's 2011 oil outlook looks increasingly accurate.