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  • Energy services sector set to grow to $1 trillion in 2025

    From rystadenergy.com

    Rystad Energy expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter. Helped by strong growth in the midstream part of the industry to liquefy, transport, and re-gasify natural gas, overall oil and gas spending will stay above $920 billion annually on average for the 2022-2028 period. Despite the risk that another downturn cycle in oil and gas may occur after 2025, oilfield service suppliers should be able to balance out the downturn by branching out into other parts of the wider energy market – and in so doing, expanding ... (full story)

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    Tax Statistics in January

    From bcb.gov.br|Jan 30, 2023

    The public sector consolidated obtained in 2022 primary surplus of R$126.0 billion (1.28% of GDP), against a surplus of R$64.7 billion (0.73% of GDP) in 2021. In the month of ...

    Natural Gas Price Analysis for Jan. 30, 2023

    From fxdailyreport.com|Jan 30, 2023

    Natural gas seems to have completed its retest of the broken wedge support on its hourly time frame, confirming that the selloff is about to gain traction. The Fibonacci extension ...

    ECB to hike rates again, but outlook brightens

    From brecorder.com|Jan 30, 2023

    The European Central Bank is expected to push on with its inflation fight Thursday with a fresh rate hike, even as signs grow the eurozone might have passed the worst of an ...

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    Scholz: Germany is completely independent from Russian gas

    From @runews|Jan 30, 2023|1 comment

    tweet at 7:49am: *SCHOLZ: GERMANY IS COMLETELY INDEPENDENT FROM RUSSIAN GAS

    JMMC panel unlikely to recommend changes to OPEC+ oil policy on Feb 1 – two delegates

    From @DeItaone|Jan 30, 2023

    tweet at 8:33am: JMMC PANEL UNLIKELY TO RECOMMEND CHANGES TO OPEC+ OIL POLICY ON FEB 1 – TWO DELEGATES

    Proved reserves of natural gas increased 32% in the United States during 2021

    From eia.gov|Jan 30, 2023

    Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to our recently released ...

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  • Posted: Jan 30, 2023 7:48am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 83
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