Key To Profiting In 2018’s Energy Market

Then, early indications are telling us the next boom happens on a continent usually ignored when it comes to energy (among other things) – Africa. The overall energy demand worldwide continues to increase, and at rates faster than the primary reporting agencies – the International Energy Agency (IEA) in Paris, the U.S. Energy Information Administration (EIA) in D.C., and even the OPEC Secretariat in Vienna – have anticipated. Once again, this remains centered on an upward curve moving forward quicker than expected, driven by Asian numbers. So, what we are looking at is increasing overall global energy consumption moving forward, as larger populations traditionally outside the mainstream transit into higher energy users. The mix, on the other hand, continues to change. This “mix” refers to the increasing use of alternative energy sources like solar, wind, natural gas, and nuclear, among others. And targeting this mix rather than targeting just oil or one particular source of energy will be key to finding profits in the energy market this year. By Kent Moors of Oilprice.com : Source / More: Oilprice ]]>

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