This is the second part of my thoughts on oil and gas companies. The first part of this can be found at: Thoughts on Oil and Gas Companies (Part 1). Here I'll be sharing some of my thoughts on oil prices, interest rates and some general factors that may affect the industry. (Not an expert on this industry but this is what I understand by reading online and asking Mr. Google) (Image source: http://oilboomusa.com/) Oil Price This is one key factor that would affect the profits of oil and gas companies in Singapore, especially since the two examples mentioned in the previous post, Ezra and Ezion, provide offshore services, which would be affected even more by the oil price as offshore oil production is expensive and the decrease in oil price below a certain price would make discovery and drilling of new wells unprofitable, decreasing the market for such offshore ......