Oil and Gas Contract Value Stays Strong Despite Volume Decrease in Q4 2024
Oil and gas contract value remains robust despite volume decline in Q4 2024 Global oil and gas contract activity experienced a 15% quarter-on-quarter decrease in the total number of contracts, from 1,596 in the third quarter (Q3) of 2024 to 1,353 in Q4 2024. Despite this dip in volume, the overall contract value saw strong […]
Global Energy Costs Expected to Decrease with Shift Away from Oil and Gas, According to IEA
World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says (Bloomberg) — The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Most Read from Bloomberg Global demand for all fossil fuels will […]