Comprehensive analysis of the sharp decline in oil prices driven by potential OPEC+ production increases, featuring expert insights from Goldman Sachs and market data on supply and demand dynamics.

Goldman Sachs updates its 2025 oil price forecasts, anticipating higher Brent and WTI prices due to potential supply disruptions and market dynamics.

Analysis of record oil in transit levels since 2016 revealing global oversupply, while China expands storage capacity and stockpiles crude at accelerated rates.

The datasets for the Role of Financial Investors on Commodity Futures Risk Premium are weekly datasets for the period from 1995 to 2015 for three commodities in the energy market: crude oil (WTI), heating oil, and natural gas. These datasets contain futures prices for different maturities, open interest positions for each commodity (long and short open interest positions), and S&P 500 composite index. The selected commodities are traded on the New York Mercantile Exchange (NYMEX). The data comes from the Thomson Reuters Datastream and from the Commodity Futures Trading Commission (CFTC).

Sunflower Oil rose to 1,426.40 INR/10 kg on December 2, 2025, up 0.68% from the previous day. Over the past month, Sunflower Oil's price has risen 0.79%, and is up 8.44% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Sunflower Oil.

According to Cognitive Market Research, the Global Oil & Gas consulting service market size will grow at a compound annual growth rate (CAGR) of 17.90% from 2023 to 2030. Market Dynamics of Oil And Gas Consulting Service Market

Key Drivers for Oil And Gas Consulting Service Market

Increasing Global Energy Demand to Boost Market Growth 

The escalating global energy demand is a significant driver for the oil and gas consulting services market. As economies industrialize and populations grow, particularly in emerging markets, the need for energy surges, prompting companies to seek expert guidance on efficient resource utilization, regulatory compliance, and sustainable practices. This heightened demand necessitates advanced consulting services to navigate the complexities of energy production, distribution, and consumption, ensuring that companies can meet growing energy needs while adhering to environmental and economic standards. For instance, in December 2024, the IEA projected that India will add nearly 2 million barrels per day to global oil demand by 2035, making it the primary growth driver of the entire industry. (Source:https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-to-drive-global-oil-demand-growth-till-2035-iea-report/116676053?)

Key Restraint for Oil And Gas Consulting Service Market

Environmental Concerns to Hamper Market Growth 

Environmental concerns pose a significant restraint to the oil and gas consulting services market. The industry's substantial contribution to greenhouse gas emissions and environmental degradation has led to increased regulatory scrutiny and public pressure. Consulting firms face challenges in assisting clients to navigate stringent environmental regulations, manage sustainability initiatives, and mitigate reputational risks. These factors can result in increased operational costs and complexity, potentially deterring investment and slowing market growth. For instance, in December 2024, the U.S. Supreme Court's refusal to review jurisdictional issues in climate-related lawsuits means state courts will decide many climate tort cases, posing a risk for the oil and gas industry. (Source:https://www.reuters.com/legal/legalindustry/navigating-mitigating-climate-related-litigation-risks-oil-gas-industry-2024-12-10/?)

Key Trends for Oil And Gas Consulting Service Market

Technological Advancements to Create Opportunities in the Market 

Technological advancements are unlocking significant opportunities in the oil and gas consulting services market. Innovations such as artificial intelligence (AI), the Internet of Things (IoT), digital twins, and robotics are revolutionizing operations by enhancing predictive maintenance, optimizing asset management, and improving safety protocols. These technologies enable real-time monitoring, data-driven decision-making, and automation, leading to increased efficiency and reduced costs. As companies strive to meet sustainability goals and navigate complex regulatory landscapes, the adoption of these digital solutions is becoming essential, positioning consulting firms to offer critical expertise in implementing and managing these advanced technologies. For instance, in December 2024, Indian Oil Corporation and HPCL-Mittal Energy Ltd showcased their commitment to innovation by leveraging data and AI to create smarter operations and sustainable energy solutions. (Source:https://energy.economictimes.indiatimes.com/news/oil-and-gas/oil-gas-sector-embraces-ai-and-data-to-enhance-efficiency-and-sustainability/115485245?)
Introduction of Oil And Gas Consulting Service Market

Oil and Gas Consulting services encompass a range of professional advisory offerings that assist energy companies in optimizing operations, ensuring regulatory compliance, and navigating the complexities of the energy transition. These services are propelled by factors such as escalating global energy demand, technological advancements, and the imperative for sustainability. However, challenges like regulatory uncertainties, geopolitical tensions, and the need for specialized expertise can delay progress. Innovations in digital technologies, artificial intelligence, and decarbonization strategies are reshaping the industry landscape, enabling firms to enhance efficiency and meet environmental goals. For ins...

CRB Index rose to 378.33 Index Points on December 1, 2025, up 0.45% from the previous day. Over the past month, CRB Index's price has fallen 0.80%, but it is still 10.95% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. CRB Commodity Index - values, historical data, forecasts and news - updated on December of 2025.