The global investment in oil and gas upstream grew by 3% to US$450 billion after falling in the past 2 years. But concern emerges in the wake of U.S.’ new policy initiated by new elect President Donald Trump. Now crude oil price is expected to increase 30% this year, to US$57 per barrel from US$44 in 2016. Oil and gas companies have started boosting their investment in oil and gas upstream sector, but crude oil price might have a small jump amid the supply issue.To subscribe please click here
