2010 > 2019: Decade of Disruption – Oil and gas — a tale of two extremes


The maths in the title is atrocious. Par for interns?

Dateline 2020-01-06, The Edge:

THE 2010s have certainly been volatile for the oil and gas sector. The first half presented the best years in the business, followed by one of the largest oil price shocks in modern history, which humbled the industry into accepting the “lower for longer” prices seen today.

Two narratives pushed crude oil prices to two extremes: few predicted that the US’ venture into shale oil would propel the country back onto the top producers list, and the response of market leader Saudi Arabia to this development that shook the industry.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: