Sector report: energy Q1 2022
Since the beginning of the pandemic, there has been significant turmoil in the oil and gas industry, or at least in the prices of the underlying commodities that dictate its development.
In April 2020, when covid-19 reached the western world and stay-at-home orders were imposed, pressures on both the demand and supply side made the oil price go down to less than $20 per barrel, down from a range between $50-$60 in the preceding months. WTI futures even…
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