Oil Price Decline & Its Impact on Energy Analytics: Why ExxonMobil & BP Are Investing in AI-Driven Cost Optimization
How Declining Oil Prices Could Impact the Oil and Gas Analytics Market Growth
The World Bank’s latest Commodity Markets Outlook (October 29, 2024) projects a significant decline in global commodity prices through 2026, primarily due to an anticipated oil surplus. Brent crude oil prices are expected to drop to $73 per barrel in 2025, down from $80 in 2024. This decline could have a direct...
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