US offshore oil industry will take years to recover

US offshore oil production has risen in recent months, but industry skittishness casts doubt over future investment

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In this article

  • Rising offshore production
  • Project delays and investment cuts
  • Regulatory environment
  • Industry response

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.