The year that is drawing to a close was a turbulent one, and not only for the oil industry. 2023 served up a reality check to the drivers of the energy transition, too—wind, solar, and electric vehicles. Next year will not be much different, it seems, judging by trends that we witnessed this year that are bound to accelerate in 2024. Among these are a balanced oil market, more gas supply, a slowdown in solar growth, and an increased focus on nuclear energy. #1 A balanced oil market It appears that many oil analysts expect the 2024 oil market…
