3 Ways To Play The Coming Oil Boom

3 Ways To Play The Coming Oil Boom

OilPrice.com

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With the double negatives of a demand-culling pandemic and wildly declining sentiment trouncing the oil and gas and pushing companies to record lows, with $30 billion in collective debt, trying to pick a winner in this sector is growing more challenging by the day.   On the demand front, the IEA has just cut its 2020 oil production forecast by 140,000 bpd to 91.9 million bpd, sending the FTSE 100 index down 73 points, citing the airline industry’s troubles as a key source of weakness in the oil market. But the megatrend of ESG,…

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