Youth

How Petroleum Industry Young Professionals Can Survive the Oil Price Volatility

Soft Skills Never mistake a lack of volatility for stability. Due to many influencing factors, the oil and gas industry has experienced several cycles of meteoric rises and plunges in oil price. With the volatility of oil prices comes key business decisions in the industry, which may or may not directly affect the career of young professionals (YPs). Following significant oil price peaks, for example, in 1979 and 2008, were the declines. Below are some of the historically consistent reactions during downturns in oil price.

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My Advice To Oil & Gas Young Professionals, Fresh Grads, And Students

Yesterday, I received a message from one of my followers on LinkedIn -a Brazilian student taking a petroleum engineering course- asking about my opinion on whether it is worth it to stay in the oil and gas industry right now or it is better to move to other industries. The student expressed his worries about his future after graduation and the fact that he may end up like many others who have not got any job opportunity yet in the oil industry. To be honest, he is not the only one concerned right now, with the recent turnaround in the oil market and the growing bearish sentiments, everyone is worried.

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