The oil and gas industry’s tumultuous 2021: what does it mean for small caps ask @TMSreach?23 Jun 2021 08:20
“…Brent crude has reached its highest level in two years, with some leading commodity traders suggesting prices might persist above $100 a barrel for the next few years if current capacity struggles to keep up with demand…”
2021 has been another turbulent year for the oil and gas industry. Governments, climate change campaigners, analysts – and investors themselves – have continued to shine an ever harsher light on the industry’s prospects through a cascade of policies, executive orders, forecasts, courtroom and boardroom battles.
And yet, as increasing post-pandemic demand for hydrocarbons collides with a possible supply shortage, some commentators are predicting that oil prices could soon touch $100 a barrel. In this article we try to step back from the daily rush of news and assess what this years major developments mean for investors in oil and gas small caps.
Companies covered include : #BLOE #ECHO #ECO #NTOG #PXEN #ZPHR
https://total-market-solutions.com/?p=10111&preview=true