Resilience in Energy
As the energy industry continues to grapple with the unprecedented impact of COVID-19—and slowly recovers from the historic demand destruction event and global price war—we’re now closely watching the effects of the reopening phase. With U.S. benchmark oil prices rallying toward a three-and-a-half-month high to about $40, which is likely a result of the quick increase in demand, quick decrease in production, and compliance by OPEC+, will we see prices jump back to where they once were in January 2020? And how will this reopening and recovery phase impact other sectors of the industry, including P&U and chemicals?
The KPMG Global Energy Institute, in conjunction with Eurasia Group, invites you to listen to the next discussion in this webcast series on the ongoing impact of COVID-19 on the energy industry.