Update Outlook Viral

Information of Update Outlook Viral and other oil industry outlook 2020

Update Outlook Viral oil industry outlook 2020 spurred by low oil prices and booming oil consumption in OECD markets This temporary phenomenon has now come to an end and OECD countries are expected to resume flat or produce negative oil demand growth in the coming years Therefore we forecast global oil demand will grow by million b d in and by a similar pace in oil industry outlook 2020 Summary H McKinsey Company Historical recap Short term Up to Mid to long term Up to Accelerated transition Up to Summary Over the months of oil prices have been highly volatile oscillating between USD bbl and USD by the end of the year CANADA S OIL AND GAS INDUSTRY As a result of investment in Canada s oil and gas industry to an average of to direct indirect and induced jobs will be sustained annually Photo credit Cenovus Energy Inc LABOUR MARKET OUTLOOK TO CANADA S OIL AND GAS INDUSTRY oil gas and chemical oil gas and chemical industry outlook Oil and gas sector Market fundamentals Trade and economic headwinds are causing uncertainty for fuel markets Since the price crash global fuels consumption has grown at a rapid pace but trade disputes and a slowdown in economic growth could weigh on oil market fundamentals oil and gas industry outlook deloitte com oil and gas industry outlook oil and gas industry outlook Executive summary How can oil and gas companies keep on top of an ever evolving industry We are past the bullish years of per barrel oil but the lows of the price crash and extended oil downturn seem just as remote as well

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