It has already had consequences for the rig sector that the oil price has plunged steeply due to the price war between Russia and Saudi Arabia.
The oil price began to fall on Monday after OPEC and Russia were unable to agree on an output cut. Additionally, the International Energy Agency, IEA, projects a decrease in oil demand in 2020 because of the coronavirus.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.