Oil and gas industry faces slow recovery from pandemic lows – The Wall Street Journal

Oil and gas industry faces slow recovery from pandemic lows – The Wall Street Journal

Oil and gas prices are rebounding from their pandemic lows, but the road ahead for the sector remains difficult in the face of new competitive threats and investor demands. Global spending on oil and gas production, according to consulting firm Wood Mackenzie, is expected to remain below pre-pandemic levels until at least 2025, as companies […]
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