The Oil & Gas Industry has experienced an admirable start to 2013 as improvements in the global economy has seen both the U.S. Energy Information Administration (EIA) and OPEC raise their forecasts for global oil demand in 2013. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has gained nearly 6 percent year-to-date. This makes now the best time in years for oil and gas and is only the beginning of an upward trend.
Prices for Brent Crude have gained approximately 10 percent year-to-date hitting a 10-month high of over $118 a barrel. KRANDEE and its industry partners deal primarily in Brent Crude because of the higher returns and rapid payouts.
"Market fundamentals and expectations strengthened in January 2013 because of earlier than-expected cutbacks in Saudi Arabian oil production and greater optimism about economic growth, particularly in China," the EIA said in its report.
KRANDEE's projects leverage that optimism and that makes a stable foundation for growth possible. The economics and the timing have come together and KRANDEE's strategy continues to payoff in a big way!
Working with the industry's best means consistent revenue even in the lean times. The indicators show the lean times are past and the boom time has started. The energy sector is going to be the best place to be for the foreseeable future!
This is the best time to be an insider in today's oil and gas boom and The Krandee Group knows the oil business inside so, if you are not reading the Krandee Insider, you may be missing the very insights that can mean the difference between success and failure in oil and gas investments.
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