01/09/2020
It's been a while since our last blog post, but we've recently uploaded a new article to the Energy Journal website to kick off the start of the new month!
Keeping with the theme of our most recent publication, "Thinking outside the barrel," have a read of 'COVID-19 and the Global Oil Market: Analysis and forecast for the Oil Industry' written by Edouard Lotz of ESCP 🛢📉
In the first quarter of 2020, the oil market was as turbulent as a hurricane hurting the US Gulf Coast. The dramatic collapse of oil demand pushed oil prices to new territories. The situation sets a gloomy future for weaker oil producers in the upstream sector. This led to a fragile coalition betwee...