Description

The objective of this research service is to evaluate the impact of prices in the global oil market. It attempts to forecast future prices and spot volatility trends throughout the whole chain of production. This study identifies key challenges facing the industry and puts forth strategies which may help to ensure success despite these obstacles. Prices are conditioned by the oil and gas industry status, relying upon supply and demand which has been hit over the past couple of years by the current economic downturn yet it is currently showing strong signs of recovery.