Tag: oil and gas
-
COVID-19 to heavily weigh on the OIL INDUSTRY?
(Pooja Pal; Intern Journalist): INTRODUCTION: Oil ought to be one of the major commodities in terms of utmost importance in the world. Petroleum extracted from oil forms a crucial energy source for vehicles, planes, heating, asphalt, and electricity. Besides being a crucial energy source, petroleum is put to use for plastics, paints, chemicals, tape, etc.…
-
Impact of Diminishing grease prices betwixt
(Pooja Pal, Intern Journalist): The US itself is groaning under the emphasis of its acknowledge oil. Shale producers, who have, for the former five days pass by rings around fixed grease producers like Saudi Arabia, are facing unmatched invention cuts, storage space superfluity, and deafening demand. Overlook the sub-zero grease consequences (futures) shock that upended…