🛢️ Big Oil’s 2025 outlook: Steady as she goes, not ‘Drill, baby, drill’ #OilAndGas
Despite Trump’s push, major players prioritize shareholder returns over aggressive drilling. Expect:
•5% production growth
•Flat to lower CapEx
•Focus on efficiency & tech
•Exxon exception: Permian & Guyana boom
Oil prices projected lower. Discipline is key.
#OOTT #NatGas