Reported 2 days ago
Dealmaking in the U.S. upstream oil and gas sector has significantly decreased due to market volatility, with a 21% drop in the second quarter of 2025 compared to the previous quarter. Following a record $192 billion in deals in 2023, only $13.5 billion in transactions were reported recently, marking a 60% decline from the same period in 2024. Analysts attribute this slowdown to fluctuating oil prices and market uncertainties, with major deals being dominated by just a few key transactions.
Source: YAHOO