Press release
Global Oil And Gas Market 2023 | Business Overview, Trends Analysis, New Share, And Forecast To 2032
Oil And Gas Market
As per the oil and gas market report by The Business Research Company, the low interest rates in most developed countries will positively impact the oil and gas industry during the forecast period.
The global oil and gas market grew from $6,989.65 billion in 2022 to $7,330.80 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oil and gas market is expected to grow to $8,670.91 billion in 2027 at a CAGR of 4.3%.
Read More On The Oil And Gas Market Report Here:
https://www.thebusinessresearchcompany.com/report/oil-and-gas-global-market-report
Major competitors in the oil and gas market include Royal Dutch Shell, BP plc, Saudi Aramco, Exxon Mobil, Gazprom PAO, Chevron, Iraq Ministry of Oil, PJSC Lukoil, Total SA, and Rosneft.
The oil and gas market is segmented -
• By Type: Oil & Gas Upstream Activities, Oil Downstream Products
• By Drilling Type: Offshore, Onshore
• By Application: Residential, Commercial, Institutions, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the oil and gas market in 2022.
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Oil and Gas extraction is the exploration and production of petroleum and natural gas from wells.
The Table Of Content For The Oil And Gas Market Include:
1. Executive Summary
2. Report Structure
3. Oil And Gas Market Characteristics
4. Oil And Gas Market Product Analysis
5. Oil And Gas Market Supply Chain
6. Oil And Gas Market Customer Information
……
21. Oil And Gas Market Competitive Landscape
22. Key Mergers And Acquisitions In The Oil And Gas Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Oil And Gas Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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