Russia Oil Gas Magazine

Rystad Energy: Oil Prices Balanced on Supply Tightness, Financial Outlook

Oil markets are finding the balance between tight supply and U.S. financial market dynamics today, fresh off the back of seven-year highs and on track to hit steady monthly gains for January. Despite global supply concerns emanating from Ukraine-Russia tensions, threats to infrastructure in the UAE and OPEC+ struggling to …

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Russia Oil Gas Magazine

Rystad Energy: Upstream M&A Deals Reached a Three-Year High of $181 Billion in 2021, Returning to Pre-Covid Levels

Global upstream merger and acquisition (M&A) deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 billion, a 70% increase over 2020, Rystad Energy research shows. The total deal value for 2021 was the highest in three years and almost reached the highs seen in 2017 and 2018 …

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Russia Oil Gas Magazine

Rystad Energy: Oil Continues its Ascent on Tight Supply Environment

The reason oil prices are reaching multi-year highs is the unexpected product gap the market is facing, as the theme so far for 2022 is that the oil market is short of the oil supply it anticipated for the beginning of 2021. Unplanned outages this month have flipped what was …

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Russia Oil Gas Magazine

Rystad Energy: Oil Prices Surge on Middle East Tensions and Dwindling Supply

Global oil price benchmarks are surging to highs not seen in almost eight years, triggered by a low supply outlook complicated by tensions in the Middle East. The oil supply outlook for January and February looks very tight, but central bank decisions further down the line may not have the …

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Russia Oil Gas Magazine

Rystad Energy: Oil Steady as Economic Recovery Weighs Against High Inflation and Rising Inventory

Oil prices have found something of an equilibrium today as Omicron-related concerns wane and the hopes of a robust economic recovery grow, but inflation and inventory levels are keeping prices in check. Although uncertainty remains, Omicron concerns continue to wane, and many market watchers are betting that the end of …

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Russia Oil Gas Magazine

Rystad Energy: Global Oil and Gas Investments to Hit $628 Billion in 2022, Led by Upstream gas and LNG

Global oil and gas investments will expand by $26 billion this year as the industry continues its protracted recovery from the worst of the pandemic and the hurdles imposed by the Omicron variant. An analysis by Rystad Energy projects overall oil and gas investments will rise 4% to $628 billion …

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Russia Oil Gas Magazine

Rystad Energy: Oil Prices Rise on Supply Tightness and Positive Demand Projections

After two days of declines, oil prices are rising today, buoyed by positive demand signals for 2022 and an expectation of global supply tightness. The global demand outlook for 2022 is solid, as many countries keep their borders open and avoid implementing the strict lockdowns imposed during previous Covid-19 waves …

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Russia Upstream Magazine

Global Trends in Well Drilling and Completion Market: Rystad Energy’s Outlook by 2025

After a challenging 20 months for drillers, including pandemic outbreak and a slower-than-anticipated post-pandemic recovery in the drilling and completions market in the oil and gas sector, are finally seeing light at the end of the tunnel. As the number of Covid-19 vaccinations increase worldwide and travel restrictions ease, oil …

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Russia Oil Gas Magazine

Rystad Energy: Oil Prices Falter as More Countries Revisit Restrictions in Light of Omicron, but all Eyes are on China

Despite news that the Omicron Covid-19 variant may not be as destructive to oil demand as first feared, more countries worldwide are reintroducing restrictions and other measures to curb climbing case numbers, raising fears that the global market may yet be adversely impacted, and consequently causing a bearish environment for oil prices. An announcement …

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Russia Oil Gas Magazine

Rystad Energy: Early Christmas Cheer for Oil Markets as Omicron News and Iran Talks Push Prices Higher

The oil market is experiencing some early Christmas cheer today, extending its recent run of gains thanks to rising optimism surrounding the omicron variant and its potential impact on demand in the remainder of this year and the first half of 2022. Oil rebounded from a collapse last week to …

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