Oil & Gas Insights

OFSE quarterly: Continued rise of North American shale amid increasing oil prices

OFSE quarterly: Continued rise of North American shale amid increasing oil prices

As oil prices rise to levels not seen since 2014—primarily due to geopolitical risk and production cuts—we expect to see further improvements in the OFSE sector and a renewed emphasis on North American shale.

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How industry can move toward a low-carbon future

– Cutting industry’s carbon emissions will require significant investment and coordinated effort among businesses, governments, and other stakeholders.

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Market outlooks

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Recovery continues in the OFSE sector, but margins stay under pressure

– Higher oil prices should see the OFSE sector recovery continue, although margins remain under pressure.
Diesel demand: Still growing globally, despite Dieselgate
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Diesel demand: Still growing globally, despite Dieselgate

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