Underinvestment in energy sector raises prospects of higher oil prices and volatility

Capt. John

Underinvestment in the hydrocarbons sector amid green transition efforts and changing government regulations could lead to higher oil prices and growing energy scarcity, according to a report by the International Energy Forum and IHS Markit. The total investment in the upstream sector of the oil and gas sector fell 23 per cent below the pre-coronavirus …

The post Underinvestment in energy sector raises prospects of higher oil prices and volatility first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/underinvestment-in-energy-sector-raises-prospects-of-higher-oil-prices-and-volatility/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon