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Published 4 hours ago

Middle East Conflict Could Boost Upstream Oil Sector Free Cash Flow by $495 Billion

Middle East Conflict Could Boost Upstream Oil Sector Free Cash Flow by $495 Billion
Ashraf Tanzin · pexels

The Middle East conflict has dramatically altered the financial outlook for the global upstream oil and gas sector. Wood Mackenzie now projects that this sector could generate an impressive $495 billion in free cash flow in 2026, assuming crude oil averages…