The wave of oil purchases will reach $250 billion in 2023.
Pulbished on:
Houston, December 26, 2023 (LANA) - Reuters said on Tuesday that the oil and gas industry has embarked on a buying spree worth $250 billion in 2023, which is about to go away, taking advantage of the rise in company stock prices to secure less expensive reserves and prepare for the following unrest in an industry that is likely to witness more price instability, and worsening security conditions in oil sources across the world.
...(LANA)...