Oil and gas industry trends: ADI Analytics’ 2024 outlook

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Uday Turaga, CEO of ADI Analytics, presented key oil and gas trends at the 2024 ADI Forum. Discussion included stable oil prices, an oversupplied natural gas market, and limited midstream growth. US refining is moderating, and capital expenditure grows slowly due to efficiency. The U.S. remains a net energy exporter, with natural gas production supporting CO2 emission reduction efforts.

About ADI Analytics

ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.

We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.


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