Post pandemic, just how crude will oil’s future be?

Climate Economy

Post pandemic, just how crude will oil’s future be?

COVID-19 devastated the oil market, but it was just a taste of what is in store for the industry. BY BILL SPINDLE AND MILO MCBRIDE For the global oil industry, the COVID crisis offered a crystal ball-like peek into its future. The view wasn’t pretty.   Demand for oil, which has marched relentlessly higher for a century, suddenly plummeted to unprecedented lows. Had the problem been the global pandemic alone, the industry would almost certainly have put on its usual brave face. Oil titans are, if nothing else, expert managers of…

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