Oil and Gas Trends in 2018
The problem which the oil and gas industry is currently experiencing is similar to the issues confronting most industries today—volatility. The year 2018 has been one of the most economically volatile years on record. At present, oil prices are rising, although they are considerably lower than their record highs of 2011. Oil and gas companies must find ways to continue to exploit current price trends while hedging their risks. SWOT Strengths The great strength of the industry is that much of the world remains dependent upon oil. Recent oil prices are expected to remain… Continue Reading...