This week we will take stock of the latest developments in the global oil markets in general and US shale in particular. The overall story for oil markets going into 2025 remains the same. There has been consistent concerns regarding a growth in oil demand which closely depends upon the economic recovery. Many indicators continue to flash warning signs – you can read more about them in our weekly coverage known as Market Sentiment Tracker. Inventories are increasing, shale sector face the specter of lower oil prices