Uncertainty has returned to oil markets at the end of the year as a new variant of Covid combines with inflation fears to threaten demand Predicting the price of oil is always difficult, but with an energy crisis in Europe, OPEC+ controlling production, the energy transition underway, and Covid continuing next year is particularly difficult to read The global energy transition is facing plenty of problems, not least of which is rising costs, and will be a key factor to watch in 2022 Following the rebound in oil and gas demand in 2021, the market is headed to 2022 with renewed uncertainties about prices, demand, and the industry’s longer-term prospects as Omicron COVID cases spike and investors continue to press companies toward decarbonization. Will oil and gas demand continue to recover and clean energy installations continue to surge next year? Or will risks lurking for some time materialize to […]