After Years of Buybacks, Big Oil is Drilling Again
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيOil supermajors are shifting their focus from buybacks to growth, driven by the realization that oil and gas demand will persist for decades, defying predictions of a decline in demand.
Market impact analysis based on bullish sentiment with 80% confidence.
سياق المقال
After years of prioritizing returning cash to shareholders, oil supermajors are about to do something few expected: turning to growth as a top priority. The reason: contrary to dominant expectations, oil and gas will continue to be needed for decades. For years, analysts from some of the most reputable organizations have been predicting a pending decline in oil demand specifically, but also gas demand. The predictions, notably from the International Energy Agency, were based on projections about a widespread adoption of electric vehicles that would…
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