End of Big Oil? Research firm predicts oil could collapse to $10 in accelerated energy transition scenario

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CALGARY – Oil producers could face a potentially catastrophic Brent oil price of US$10 per barrel if countries around the world move to limit global warming to 2 degrees Celsius, according to a new study from Wood Mackenzie. The study released Thursday ...

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CALGARY – Oil producers could face a potentially catastrophic Brent oil price of US$10 per barrel if countries around the world move to limit global warming to 2 degrees Celsius, according to a new study from Wood Mackenzie. The study released Thursday ... https://ift.tt/eA8V8J

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