Being logical about oil and gas contracts amid the coronavirus outbreak

As cases of the coronavirus (COVID-19) increase around the world, industry continues to experience the effects. In particular, Chinese manufacturers in some areas have stopped operations due to factory shutdowns which in turn is starting to affect supply chains. As lead times catch up with supply constraints we expect this to become problematic in the weeks to come.

Oil & Gas

CERAWeek energy summit cancelled over coronavirus

One of the world’s largest and most important energy industry gatherings was cancelled by organiser IHS Markit Ltd. on Sunday amid mounting concerns about the coronavirus outbreak. It was due to start March 9.