UBS Wealth Management’s executive director of commodities, Wayne Gordon, weighs in on the oil markets and OPEC. The industry expert turns ‘sideways’ on oil. Watch the video to find out how.
The North American oil and gas industry should be braced for restructurings, realignment and rebuilding in the year ahead, according to a global consultancy firm.
Oil and gas operators have seen a 15% reduction in their UK-based headcount over the past 12 months – and they expect a further decline of 17% in the year ahead.
The latest Aberdeen and Grampian Chamber of Commerce (AGCC)/Fraser of Allander Oil and Gas Survey is the first since Russell Borthwick became AGCC chief executive earlier this year.
