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Published Date: 30/12/2024

  • In 2025, average Brent crude oil price is forecasted to be at a lower base compared to 2024, and may fluctuate around 70 USD/bbl.
  • Next year’s outlook for oil & gas industry may seem fragmented between segments, with upstream and midstream players being the most potential beneficiaries.
  • We prefer PVS & PVT for 2025’s investment strategy, thanks to these companies’ solid growth catalysts and minor exposure to crude oil price movement.
Oil & Gas Sector Report: Fire proves gold

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