The oil and gas market has experienced one of the most volatile campaigns in recent history. This was triggered by the coronavirus pandemic, which affected intermediate demand.
WTI Crude Oil prices plunged sharply in April before rising to top the $43.00 per barrel. Brent Crude exhibited the same characteristics while Natural Gas has since rallied to recoup all losses.
The oil and gas industry has taken some crucial measures to keep prices steady amid challenging conditions.