PLUNGING NATURAL GAS PRICES ATTRIBUTED TO OVER-PRODUCTION OF THE COMMODITY

Highlights:

• Some the world's largest oil businesses have started directing their investments majorly into this commodity over the last few years.
• This shift comes after considering the secular shift to cleaner-burning fuel for power generation in the Asia-Pacific region and the world. 

Natural gas accounted for around 40% of ExxonMobil’s output last....