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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

While clean technologies achieved record growth, the enduring dominance of oil, gas, and LNG underscored the complexities of balancing energy security, economic stability, and climate ambitions. Middle Eastern Unrest: Iran-Israel tensions heightened fears of supply chain disruptions, potentially escalating oil and LNG prices.

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Energy policies in second Trump term: a palpable sense of anxieties in the markets!

Crude Oil Futures

President Trump may have been emboldened by the fact that the US has been the biggest oil producer in the world for the past 6 years; in 2023, for instance, the US produced 12.9 million bpd, when the global production was 96.4