(MENAFN - GlobeNewsWire - Nasdaq) Pune, India, Feb. 19, 2021 (GLOBE NEWSWIRE) The global reservoir analysis market size is projected to reach USD 11.96 billion by the end of 2026. The increasing oil and gas exploration activities will have a direct impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled Reservoir Analysis Market Size, Share & Industry Analysis, By Service (Geo-modelling & Reservoir Simulation, Data Acquisition & Monitoring, and Reservoir Sampling), By Application (Onshore and Offshore), and Regional Forecast, 2019-2026 , the market was worth USD 8.18 billion in 2018 and will exhibit a CAGR of 4.9% during the forecast period, 2019-2026.
let s go to sayer a irah eisen. we ve been hearing when oil and gas price goes down that consumers get a bump and the economy gets the bump. we re learning the bump is not quite as big as we expected and the energy sector is getting slaughtered and a lot of people losing their jobs. that s going to be the question for this year, joe. $31 a barrel, it insanity. it s insanity and wall street forecasters are out saying it going even low. they say we could be looking at oil in the 20s. standard chartered even throughout the $10 a barrel level in a note today. keep in mind all of these wall street forecasts are completely got the price wrong. they were calling for higher oil prices over the next few years. but gas prices, they dropped in every u.s. state last week. $1.96 is the average price per gallon ands th that s supposed
average is $1.96. down about 3% from a month ago, nearly 8% from a year ago. drivers in alabama, arkansas, missouri and south carolina paying less, about $1.75. analysts say prices will continue falling. today the u.s. benchmark crude oil dropped below $30 a barrel. the last time that happened, it was that low, was december of 2013. analysts say it s because of an oversupply and concerns about that in china which has lowered its demand forecast. go grab a coin, flip it 28 times in a row and try to get heads every time or tails every time. the odds of doing that are better than your odds of winning the powerball. still we can all dream. more on the record breaking jackpot ahead. even though she helped her spoiled son escape to mexico, she got out of jail today. reporters were there to meet
first week of the year. for the week, the dow dropped 1,079 points. nothing to sneeze at. if you filled up your tank, you paid less than $2 a gallon. the average is now $1.96. it is now 18 cents less than last year. drivers in missouri enjoying the lowest prices. prolonged slump in crude oil should keep gas low in 2016. a gallon of gas is cheaper than a powerball ticket. you will hit up the gas station for $1.3 billion jackpot. powerball making a lot more millionaires than billionaires. in the current run, 59 tickets matched all five numbers, but not powerball. eight tickets won $2 million. thousands have won smaller
much. sorry to say that. no, you ve been pressing on this stuff. i appreciate it. i do want to pass along to you, we are getting initial numbers out of apple. it sold 48 million iphones in this latest quarter and also reported earnings that appear to be up $1.96 a share near $55 billion. that s above some of the consensus figures out, but again the culprit seems to be or could be, i stress could be, that it s providing guidance for the key fiscal first quarter sales that could be seen as on the low end of estimates. whether that telegraphs problems for christmas-related sales in the all-important season is anyone s guess. but if that s true, too soon to tell, it would be like twitter. better than expected numbers out. that s a rear-view mirror action. and they are looking forward to activity that may not be quite as robust. but apple is one of the companies where just because you sell 48 million things, the