Upstream Sector Stays Resilient Amid Falling Oil Prices and Global Demand Uncertainty in 3QCY24
The global oil and gas industry faced heightened uncertainty in Q3 2024 as volatile crude oil prices, fluctuating demand, and geopolitical tensions shaped market dynamics. Despite a temporary dip in oil prices, upstream operations showed resilience, maintaining steady investment and production levels. Analysts predict continued challenges, particularly as OPEC+ output cuts and…












