Last month the price of oil dropped by over 30%. That’s the worst oil market shock since Saddam Hussein invaded Kuwait in 1991, kicking off the Gulf War. The precipitous drop in global oil prices was prompted by two factors: long-term fears of declining demand as a result of coronavirus, and the failure … Continue reading The impact of Covid-19 on Oil & Gas Market
Tag Archives: petrol crisis
The Investments’ boost for Safety Innovations in Oil & Gas Industry
In today’s society, technology rules, and any company intending to make a sustainable impact in any sector of the economy should be ready to invest in procuring the latest technology to boost their chances of achieving that goal. This is why Saudi Aramco, despite already having a being one of the largest players in the … Continue reading The Investments’ boost for Safety Innovations in Oil & Gas Industry