Oil industry vulnerable amid second major crisis in six years
The global oil industry is far from prepared to weather the current storm, according to a new analysis by consultancy MSI Offshore.
It's going to be particularly difficult for oil companies to handle the crisis of supply and demand brought about by the explosive spread of the coronavirus – not least because the costs were already brought far down during the last oil crisis, analyst firm MSI Offshore assesses.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
US and Canada surveying options to put tariffs on oil import
For subscribers
Norway considers historic oil cuts
For subscribers
