| Global oil prices plunged from $115 to less than $30 per barrel between June 2014 and January 2016, hitting their lowest levels since 2003 amid an ongoing glut in global oil supply. The prices have since recovered to around $40-45 per barrel for the Brent crude benchmark.
"We’ll see gas moving up toward the end of the year," Sieminski stated on Wednesday. "It’s the winter time and you always get higher natural gas prices in the winter time, but we see natural gas prices moving back up overtime because there is more industrial demand, there is more demand for fertilizers and other products that are made from natural gas."..............................................Full Article: Source
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