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Oil & gas, pricing; Achieving pricing excellence in downstream energy. Alison Peden and Fay Shong. Petroleum Review January 2008, P. 21-23

Oil and product price volatility remains a challenge for all sectors of the oil industry. However, for downstream it poses a unique set of problems. In the energy industry over the past few years, strong global oil and product demand and high oil pricing mean that industry attention has refocused on the ability of downstream organisations to met demand. the industry is still waiting for energy company profits to be translated into meaningful downstream growth. Refining capacity has lagged behind demand growth and bottlenecks in the supply chain are exacerbating the problem. Alison Peden, head of UK Energy at Accenture, and Fay Shong, Partner in the Accenture Resources Strategy industry group, offer their perspectives.
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