Global Oil and Gas Market Industry Outlook 2020 By Type, By Geography, Research Report

America News Hour provides readers with a broad spectrum of meaningful services on multiple platforms. On March 4, 2020, it released an article on the oil and gas market, sourced from TBRC`S Global Oil and Gas Market report. The global oil and gas market is expected to decline at a rate of -43.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a rate of 6% from 2021 and reach $4481.3 billion in 2023.