GOldman Sachs

Coronavirus

Will Covid-19 kill the oil industry?

As Coronavirus lockdowns continue to spread around the world, the oil industry faces more disruption to demand and supply chains, with many margins and prices already collapsing.

Oil & Gas

At London’s oil week, clues about demand will be all around

Oil traders are gathering in London for what’s normally a week of lavish parties, dealmaking and market chatter. China’s coronavirus means this year’s events will be more subdued – and fewer in number – than usual. The talk will be about absent friends and uncertain demand.