Oil Prices Are Up. Investment Isn't Following ...Middle East

When the International Energy Agency issued its 2026 outlook on energy investment, it had a surprise for its audience, predicting a decline in oil investment, instead of an increase, as the current price environment would suggest. The IEA is not the only one making counterintuitive predictions. BMI just published a forecast on oil and gas spending this year, and it says the total will decline from 2025. Oil prices and investment trends are no longer in sync. Spending on oil and gas globally is set to amount to $636 billion, BMI said in its report,…

Hence then, the article about oil prices are up investment isn t following was published today ( Wednesday 10/06/2026 - 11:09 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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