Two-Year ‘Hole’ In New Supply To Trouble Oil And Gas Markets: UBSMani
With 2015 witnessing a material slowdown in investment in new supply and with 2016 likely to be no different, this two-year "hole" in new supply will significantly accentuate a supply shortfall in oil and gas markets, reports UBS. While tracking the global oil and gas industry, Jon Rigby and team point out in their Feb. 2 research report titled “Major projects database update – trouble down the line” that the industry is slowing new investment decisions due to reductions in spending to preserve
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.