Project News Details
Title
Is it the end of the oil era?
Detail
Volatility in the oil markets has played out in the news recently, driven by the Covid-driven collapse in demand and a war for market share between Saudi Arabia and Russia. A G20 meeting is to be held to try and find a way to cut production. As states and the oil majors look to shore up the price though, it’s possible that the coronavirus crisis might be what topples the fundamental driver of the current economic order.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Non-Renewable Energy Oil and Gas Construction Energy-Power and Electrical
Published Date
07.04.2020
Original Url
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