Pandemic crisis offers glimpse into oil industry’s future - Price wars and coronavirus have disrupted the sector, possibly moving peak demand even closer
The pandemic has wiped out almost a third of global oil demand through lockdowns and travel bans, landing a direct hit on a sector already in the grip of its own crisis: how to evolve when climate change has risen up the political agenda, and oil demand is threatening to peak?
This article was originally published by Financial Times on the 3 May 2020.
Read the full article: https://www.ft.com/content/99fc40be-83aa-11ea-b872-8db45d5f6714
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