The 10 Most Important Oil Market Trends For 2020

As a busy 2019 in the oil and gas industry ends, analysts are busy issuing predictions about next year and what they would mean for oil markets and prices. This year saw a mix of some of the more predictable events—such as OPEC and Russia extending their cooperation pact, twice—and a ‘black swan’ such as the September attacks on Saudi oil facilities which cut off 5 percent of daily global oil supply for weeks. As black swans are, by definition, unpredictable, analysts focus on predicting the ‘knowns’ in the market…