3 Distinct Futures For The Oil Industry ...Middle East

OILPRICE - Economy
3 Distinct Futures For The Oil Industry
source : OILPRICE ( Middle East ) () 12
As the global economy emerges from the pandemic and commodity prices continue on a recovery path, it's becoming increasingly evident that the oil and gas industry is standing on the precipice of something big. Scores of Wall Street punters have issued a generally bullish short-to-mid-term oil outlook despite the formidable headwinds posed by the pandemic. Even the normally conservative IEA has raised its oil price outlook for 2022 despite issuing a lackluster forecast for the remainder of 2020. However, few experts have ventured into prognostications…

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