How Close are We to Peak Oil Demand?

The COVID-19 pandemic has been particularly tough on the oil industry, and it appears as though the impacts will be felt well beyond the immediate future.  According to BloombergNEF, peak fuel demand will come sooner than previously predicted, with gasoline demand peaking in 2030 and on road diesel demand peaking shortly after in 2033.  While […]

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Cyclone Amphan and COVID-19 Impact on Oil Recovery

Just last week, India was hit with the 1st cyclone of the season.  Cyclone Amphan struck West Bengal directly wiping out any structure within reach.  Amphan’s path of destruction included farmland, schools, businesses, and homes. 10 million people have been affected and 500,000 have lost their homes due to the cyclone.  This storm is especially […]

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