Where Are Oil and Gas Prices Going in 2024, with Andrew Botterill

Where are oil and gas prices going, and why. That’s the focus of this wide-ranging interview I had with Andrew Botterill, head of Deloitte’s chemicals and oil and gas industry vertical. Deloitte produces a regular price forecast for oil and gas, and we provide the context, covering the turmoil and volatility in global markets, heavily influenced by geopolitical conflicts and policy shifts. 

We touch on the adoption of sustainable practices, including hydrogen and sustainable aviation fuels. Policy moves, such as the Inflation Reduction Act, create both challenges and opportunities in the U.S., but with ramifications globally, particularly from major consuming geographies, incuding the EU and Asia. 

We also discuss the future of energy demand in growth economies like India and continental Africa, highlighting the complex relationship between advancing technology and addressing energy poverty. Digital technology plays a key role in enhancing cost efficiency, resilience, and safety within the industry, setting the stage for a more sustainable and flexible energy landscape.

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You might find this related article of interest!

👉    https://digitaloilgas.substack.com/p/my-digital-oil-and-gas-outlook-for

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Disclaimer: 

The views expressed in this video are those of the speakers and do not constitute professional advice. 

Contacting the Guest

Andrew Botterill

📧email : abotterill@deloitte.ca