Collapsing prices have hurt oil exporting countries while giving an economic boost to the consumers of energy. These direct consequences have been felt for a while. And now that oil prices have recovered a bit, the worst (and best) of the economic impact might be over.
https://www.weforum.org/agenda/2015/05/what-is-happening-in-the-global-oil-market/
What's happening in the oil market right now is 'unprecedented'. The price of oil has collapsed again. In a note to clients this week, analysts at Goldman Sachs took a look at the market and the supply glut that has been blamed for the collapse in oil prices over the last year.
http://www.businessinsider.com/the-new-structure-of-the-oil-market-2015-8
The price of oil has collapsed again. And now the oil market is looking at a future that is unprecedented.. In a note to clients this week, analysts at Goldman Sachs took a look at the market and the supply glut that has been blamed for the collapse in oil prices over the last year.
http://www.businessinsider.com/the-new-structure-of-the-oil-market-2015-8
In a sector as long-term and strategic as oil, the important question is not what will happen over the next year or two but what will happen over the next 20, 40 or 60 years.
https://www.weforum.org/agenda/2015/05/what-is-happening-in-the-global-oil-market/
This report focuses on several critical challenges facing the industry: The effect on the demand for oil of the substitution of oil-avoiding technologies (such as in energy efficient vehicles) and the use of alternative fuels; The resulting split between growth and no-growth downstream markets and its consequences;
https://www.chathamhouse.org/publications/papers/view/186327
ABOUT OIL AND GAS IQ. Oil and Gas IQ is the information based portal dedicated to providing the latest oil and gas intelligence. We explore Oil and Gas industry developments and facilitate the continued learning of oil and gas professionals. We offer 100+ technical and strategic oil and gas conferences across Europe, Asia, the US and the Middle East.
https://www.oilandgasiq.com/
But what most agree on is that the dynamics of global oil markets are changing in a fundamental way, and that we are only beginning to understand the ramifications. Prepare for a bumpy ride. The World Economic Forum on the Middle East and North Africa 2015 takes place at the Dead Sea, Jordan, from 21-23 May.
https://www.weforum.org/agenda/2015/05/what-is-happening-in-the-global-oil-market/
What’s happening to the UK’s Oil & Gas Industry? 2nd June 2015 Written by Qdos Contractor. The outlook for the Oil & Gas industry seems bleak. According to Oil & Gas UK’s Activity Survey 2015, the expenditure last year outweighed the sales earned in the industry, with investment and exploration set to fall throughout this year.
http://www.contractorweekly.com/business-news/what-s-happening-to-the-uk-s-oil-gas-industry/
What’s happening to the UK’s Oil & Gas Industry? The outlook for the Oil & Gas industry seems bleak. According to Oil & Gas UK’s Activity Survey 2015, the expenditure last year outweighed the sales earned in the industry, with investment and exploration set to fall throughout this year.
http://www.contractorweekly.com/business-news/what-s-happening-to-the-uk-s-oil-gas-industry/
The effect of other industries on oil demand, the increasing opportunities for non-conventional oil and gas that offset perceptions of limits to conventional resources, and the shift of growth to Asia will all compel the industry to look for growth in value rather than volume, to distinguish between the expanding markets of developing countries and ...
https://www.chathamhouse.org/publications/papers/view/186327
what is happening to the oil and gas industry
According to Oil & Gas UK’s Activity Survey 2015, the expenditure last year outweighed the sales earned in the industry, with investment and exploration set to fall throughout this year.