The outbreak of Coronavirus ‘to cut 2020 oil and gas investments by $30bn’
Oil prices have slid by almost 25% this year on the back of lower demand and slower expected economic growth, according to Rystad Energy. The outbreak of the coronavirus disease is to cause extensive staffing and supply shortages in the oil and gas industry, as well as a fall in investment of around $30 billion (£23.4bn) in 2020.…