Growth of Crude Oil Market to be Impacted by the Increase in Upstream Investment | Technavio

The market will accelerate at a CAGR of over 1% between 2020-2024

Technavio has announced its latest market research report titled global crude oil market 2020-2024. (Graphic: Business Wire)

LONDON--()--The report, crude oil market 2020-2024, has been added to Technavio's catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on production area and geography for the forecast period 2020-2024.

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The report on the crude oil market includes:

Crude oil market analysis and forecast 2020-2024: Features

  • Competitive landscape
  • Market segmentation
    • Production area
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

Crude Oil Market 2020-2024: Competitive landscape

  • Vendors covered
  • Vendor classification
  • BP Plc Chevron Corp.
  • ConocoPhillips Co.
  • Exxon Mobil Corp.
  • PetroChina Co. Ltd.
  • Petróleo Brasileiro SA
  • Qatar Petroleum
  • Rosneft Oil Co.
  • Royal Dutch Shell Plc
  • Saudi Arabian Oil Co.

Crude Oil Market Landscape 2020-2024: Geographic landscape

  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries

Crude Oil Market Landscape 2020-2024: Production Area

  • Onshore - Market size and forecast 2019-2024
  • Offshore - Market size and forecast 2019-2024

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Increasing upstream investments will drive the crude oil market

Governments are promoting the production of oil and gas as part of their initiatives to ensure energy security. This is driving investments in the upstream oil and gas sector to boost oil and gas exploration and production activities, including the production of crude oil.

Technological developments in hydraulic fracturing process – An emerging trend in the crude oil market

Technological developments in the hydraulic fracturing process support the exploration and production of oil and gas from shale plays. This is because technological improvements lead to an increase in the output of crude oil from unconventional reserves.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

MARKET SIZING

  • Market definition
  • Market sizing 2020
  • Market size and forecast 2020-2024

Get Full Report: https://www.technavio.com/report/crude-oil-market-size-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

MARKET TRENDS

  • Rise in deepwater and ultra-deepwater projects
  • Technological developments in hydraulic fracturing process
  • Rise in world refining capacity

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com

Release Summary

The report, crude oil market 2020-2024, has been added to Technavio's catalog.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com