How the oil price slump could reshape the oil industries in major economies

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  • The outbreak of COVID-19 and the collapse of global oil prices have hit both supply and demand sides of the oil and natural gas markets. The unprecedented crude oil price collapse on the global market brings pains and gains to different countries, related industries, and people’s daily lives.

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    In This Story: COVID-19

    Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

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