COVID-19 CRISIS CASTS AN EVEN DARKER SHADOW OVER THE WEAKENING OIL AND GAS INDUSTRY

Highlights:

• Oil prices plunged into yet another bear market in response to sudden demand destruction caused by factory shutdowns, flight cancellations, and slowdowns in air passenger traffic.
• Experts determined that natural gas is sitting near a four-year low and this will intensify the financial stress facing oil and gas companies.

Energy stocks have already been....