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Oil & Gas Companies Focus on Eliminating Supply Chain Waste

Talking Logistics

trailed both Saudi Arabia and Russia in oil production, and it trailed Russia in natural gas production. But by 2014, the U.S. Logistics complexities in the conventional sector can quickly drive up costs and eat into profit margins, if not well managed. As the table below shows, back in 2008, the U.S.

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Why the Outlook for the Oil and Gas Market is Brighter than You Think

Requis

The genesis for this scenario lay in a confluence of events, including the coronavirus lockdown, which had drastically reduced demand, and the conflict over production levels between Saudi Arabia and Russia, which led to both countries flooding the market with low-cost oil.