COVID-19 Causes Global Drop in Natural Gas and Oil Demand and Production

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The oil and gas industries are facing difficulties for many reasons right now.

Richard Soultanian, NUS Consulting Group Co-President said:

"COVID-19 is causing oil prices to rapidly decline, which most likely will result in lower 2020 U.S. crude oil production than initially forecast — thereby curtailing some of the production of associated natural gas."

More: Industry Trends

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