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Drawing Parallels and Contrasts Between the Energy-Oriented Cities and Their Office Markets

As Oil Prices Return to Pre-Pandemic Levels, CoStar’s Analysts in the UK, US and Canada Examine Energy-Centric Cities
The fallout from the coronavirus pandemic and oil price war is expected to have lasting impacts on commercial real estate in some energy-focused cities such as Houston, Texas. (iStock)
The fallout from the coronavirus pandemic and oil price war is expected to have lasting impacts on commercial real estate in some energy-focused cities such as Houston, Texas. (iStock)
CoStar Analytics
February 18, 2021 | 12:48 P.M.

The world’s two major crude oil benchmarks, Brent Crude and West Texas Intermediate, last week rose to their highest levels since before the pandemic amid hopes of a speedy economic turnaround spurred by vaccine rollouts.

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