Oil Industry has seen many ups and downs, and each time the oil plunges or makes a new high, it forces many strong economies to rethink on their strategy. This time it helped Indian and US economy but for most of the oil producing nations are forced to reduce oil dependent economic model. Any weakness in #USDOLLAR will further fuel the #oilprice. For oil and gas industry, last one year was really bad. Oil is back in the upward trend and hope that the worst is over.