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The Global Crude Oil Market is expected to grow by 4781.60 mn barrels during 2021-2025 progressing at a CAGR of almost 3% during the forecast period

ReportLinker
·3-min read

Global Crude Oil Market 2021-2025 The analyst has been monitoring the crude oil market and it is poised to grow by 4781. 60 mn barrels during 2021-2025 progressing at a CAGR of almost 3% during the forecast period.

New York, April 05, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Crude Oil Market 2021-2025" - https://www.reportlinker.com/p05486838/?utm_source=GNW
Our report on crude oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing upstream investment and increasing focus on unconventional exploration and production activities. In addition, increasing upstream investment is anticipated to boost the growth of the market as well.
The crude oil market analysis includes area segment and geographical landscapes.

The crude oil market is segmented as below:
By Area
• Onshore
• Offshore

By Geographical Landscapes
• APAC
• North America
• Europe
• MEA
• South America

This study identifies the rise in global demand for oil as one of the prime reasons driving the crude oil market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on crude oil market covers the following areas:
• Crude oil market sizing
• Crude oil market forecast
• Crude oil market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crude oil market vendors that include BP Plc, Chevron Corp., ConocoPhillips Co., Exxon Mobil Corp., PetroChina Co. Ltd., Petroleo Brasileiro SA, Qatar Petroleum, Rosneft Oil Co., Royal Dutch Shell Plc, and Saudi Arabian Oil Co.. Also, the crude oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Read the full report: https://www.reportlinker.com/p05486838/?utm_source=GNW

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