POWER AND ENERGY SECTOR
The energy sector is a category of stocks that relate to producing or supplying energy. The energy sector or industry includes companies involved in the exploration and development of oil or gas reserves, oil and gas drilling, and refining. The energy industry also includes integrated power utility companies such as renewable energy and coal.
The energy industry also includes secondary sources such as electricity. Energy prices–along with the earnings performance of energy-producers –are largely driven by the supply and demand for worldwide energy. Oil and gas producers tend to perform well during periods of elevated oil and gas prices.
However, energy companies earn less when the price of energy commodities falls. Oil refiners, on the other hand, benefit from the falling cost of feedstock to produce petroleum products like gasoline when crude oil prices drop. Furthermore, the energy industry is sensitive to political events, which historically have led to volatility–or wild fluctuations–in the price of oil.
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VTPI offer strategic solutions on all industrial high pressure water cleaning scenarios from the simple flushing to declogging problems. Our personnel are well trained and has vast experience in the application of high pressure water technology.