Shale: Oil and Gas Trends
By GlobalData Thematic Research 11 May 2021 (Last Updated May 11th, 2021 12:51)
The economic downturn has impacted the market valuation of shale operators.
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The Covid-19 pandemic has significantly reduced the global demand for oil and gas, thereby affecting shale operators. The extent of this slump was highlighted in April 2020 when global oil demand fell by 29 million barrels per day (bpd) year-on-year, as per the International Energy Agency (IEA).
Oil and Gas Trends
Listed below are the key oil and gas trends impacting the shale theme, as identified by GlobalData.
Companies in the US shales battling demand uncertainty
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