Annual review: O&G Q4 2021

Since the beginning of the covid-19 pandemic, there has been quite a turnaround in the oil and gas industry, or at least in the prices of the underlying commodities that dictate its development.

In March 2020, when the pandemic engulfed the western world and stay-at-home orders were imposed, pressures on both the demand and supply side had made the oil price go down to less than $20 per barrel. WTI futures even entered negative territory in…

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