Oil and gas supply will grow faster in 2022 than it did in 2021 to the point of catching up and even surpassing energy demand growth, S&P Global Platts Analytics said on Monday in its newly-released 2022 Energy Outlook. While rebounding demand for oil and gas was the key theme this year, next year, the key theme in energy markets will be the rebound in supply, S&P Global Platts analysts said. Thanks to rising exports of liquefied natural gas (LNG), higher oil and gas production from the U.S. shale patch, and the return of investment in supply from non-OPEC members, supply will not only meet demand next year, but it will also exceed demand and help increase the currently depleted inventory of energy commodities globally, S&P Global Platts Analytics says. According to the analysts, the recently resurfaced fears of new COVID variants, such as Omicron, significantly impacting oil demand […]