Analysis: oil and gas Q2 2021

There has been quite a turnaround in the oil and gas industry. The year 2020 will go down in history as a very eventful one for black gold. West Texas Intermediate (WTI) oil prices stood at above $70 per barrel in the middle of the year but pressures on demand and supply made the price lower than $20 when pandemic reached the Western world and stay-at-home orders were imposed en masse. WTI futures contracts even entered negative territory in April…