17.12.2015 - What 2016 Holds for The Oil & Gas Industry
Trying to predict the future trends of oil prices is hard and the results are disappointing most of the time, especially when we ignore the facts and figures and rely on hope and wishful thinking. A year ago following OPEC's decision not to cut oil production and keep the oil market oversupplied, many of oil industry experts, analysts and CEOs were expecting oil prices to recover in a short time. Hence, the oil and gas industry's reaction to the current downturn was not as fast as it should have been and the consequences in many cases were catastrophic...............................................Full Article: Source
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