Our global outlook for the sector remains positive as we expect production to expand 2.7% in 2025 and 2.7% in 2026. Gas prices are stabilising and destocking has run its course which is easing pressure off producers. However, we expect trade frictions from Trump's tariffs to weigh on the sector in the short and medium-term. Looking further ahead, we anticipate generative AI to have a positive impact on the sector.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
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