How the Gas and Oil Industry Fostering Innovation in A Volatile Market
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Have ever wondered why the Oil and Gas industry is most volatile, and why this industry affects the worldwide connectivity of demand and supply with every global uncertainty? The potential answer lies in the humongous size of the industry, which is the core pillar of any transportation activity in any country.? Let’s dive into this market to understand the importance –
·??????? In 2022, the total market size of the industry stood at USD 8.3 trillion.
·??????? China become the largest consumer of Oil and Gas with USD 535 billion in 2022.
·??????? The export of crude oil to the world from 2019 to 2022 increased by 41.8%.
To get comprehensive insights into the oil and gas industry with top exporting and import countries
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