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Oil plays a relevant and important role in the global economy, despite the efforts for alternative green energy sources. The price of oil is impacted like most other commodities by supply, and demand. This article explores the different ways in which oil prices can be impacted.

Artificial Intelligence (AI) is a machine’s ability to perform cognitive functions, usually associated with the human mind. It is defined when a machine can perform a task that previously would have been completed by human intelligence.

In our previous blogs we have discussed the united efforts that we must undertake to ensure we reverse climate damage. So, it is unsurprising that all responsible companies in many different sectors are considering the efforts they can make to do their part for the planet.

The global electric car fleet is rapidly expanding. Many car manufacturers are quickly producing electric vehicles (EV) to meet the growing demand. This increases the pressure for minerals whilst pushing up the prices and disrupting mining production.

Oil and Gas are the main industries in the energy market and play an influential role in the global market. We rely on oil for transportation, heating and electricity, industrial production, and manufacturing. Gas fuels many industrial processes that produce materials and goods.

There are two main categories of modern mining: surface mining and underground mining. In surface mining, the ground is blasted to allow ore’s close to the Earth’s surface to be removed and extract the minerals.

Sustainability is fundamental for the planet; we must act now as we are responsible for not only our current needs but that of future generations.