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.