Oil and gas sector outlook for 2021 more optimistic: Federal Reserve survey
Oil and gas sector outlook for 2021 more optimistic: Federal Reserve survey
Fourth quarter oil and gas sector activity jumped, energy executives said in the survey of the Federal Reserve Bank of Dallas released Dec. 30, while about half of those surveyed said they expect spending to improve in 2021 compared to the current year.
Moreover, the quarterly survey of 146 upstream oil and gas producers and oil service providers found that the WTI price the executives would use to plan t...