Oil Markets Will Face A Supply Crisis Before Demand Peaks

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The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks, and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves--or about one-third of the value of big oil ...

from Google Alert - Business https://ift.tt/33SwoMs
The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks, and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves--or about one-third of the value of big oil ... https://ift.tt/eA8V8J

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