World Oil & Gas Industry Growth Prospects Discussed by Kable in Insightful Research Study Available at MarketPublishers.com23 Dec 2013 • by Natalie Aster
LONDON – Globally, the majority (42%) of oil and gas industry executives characterize the economic environment they are operating in as ‘stable’, with some of them (36%) stating that today’s economic conditions are ‘favorable’ or even ‘very’ favorable. World economic situation and novel government regulations affecting the oil and gas industry operating environment are the most significant concerns that are set to weigh on the industry players over the next six months. Operational efficiency improvements, gain in sales, and customer retention are the key priorities of the oil and gas industry participants in the near future.
On the whole, the worldwide oil and gas market is likely to register positive growth in the near term. Energy and power prices are poised to increase by approximately 4.2% over the next six months. Meanwhile, North America is predicted to exhibit the highest growth of around 5.5% during the forecast period. Over the next six months, industry players will most likely increase their expenditures on marketing and new facilities.
Insightful research study “Global Oil and Gas Business Confidence Report Q4 2013” drawn up by Kable provides a comprehensive guide to the global oil and gas sector.
The report provides a snapshot of the most recent global economic and consumer issues, as well as analyzes their influence on the oil and gas marketplace and investment decisions within it. It outlines the industry’s growth prospects, offers a thorough discussion of the executives’ opinion about the actual and forecast state of the economy and its impact on the overall industry. The research study covers sales performance, supplier price changes and staff headcount within the industry in the next six months; contains a summary of the major opportunities, challenges and priorities of the overall oil and gas industry in the first half of the next year. The report provides a deep overview of the market’s current landscape, examines the key factors limiting and driving the market development, and also describes the actual and forecast industry conditions. In addition, a detailed forecast of the world oil and gas industry is available in the report.
Global Oil and Gas Business Confidence Report Q4 2013
Published: November, 2013
Price: US$ 1,950.00
More in-demand market research reports by the publisher can be found at Kable page.