Rather, it hinges on the timing of an end to increases in global oil production, and on what happens next.

反而关注的是全球石油产量停止增长的时间，以及接下来将要发生的事情。

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Predicting the end of oil has proven tricky and often controversial, but Kuwaiti scientists now say that global oil production will peak in2014.

预测石油何时会枯竭往往困难又充满争议，但是现在科威特科学家指出，全球石油产量将在2014年达到顶峰。

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The reports also said Iran aims to raise its daily oil production to 4.28 million BPD by the end of the year, adding that Iran's oil fields have the capacity to increase production.

报道还说，伊朗计划在今年年底前把石油日产量提高到428万桶。伊朗的油田还有增产的能力，因此预计伊朗年底前能够实现这一目标。

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The fear is that China's strong imports of machinery, oil and ores in the early months of this year may simply have gone into one end of a production pipeline, out of which are now emerging excessive volumes of steel and heavy-industrial products that it cannot sell at home.

ECONOMIST: Global rebalancing

The combined factors are expected to reduce the year-end production by some 50, 000 barrels of oil a day, Mr Chapman said.

BBC: Royal Dutch Shell profits hit by oil price volatility

Originally due to start production in 2005, initial oil production at Kashagan was first postponed to the end of 2007, and then again to the third quarter of 2010, each holdup spelling a slowdown in revenue for the government.

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