Resilience in Energy: Collective action to weather the storm

As the energy industry continues to grapple with the unprecedented impact of COVID 19—and slowly recovers from the historic demand destruction event and global price war—we’re now closely watching the effects of the reopening phase. With US benchmark oil prices rallying toward a three-and-a-half-month high to about $40, which is likely a result of the quick increase in demand, quick decrease in production, and compliance by OPEC+, will we see prices jump back to where they once were in January 2020? And how will this reopening and recovery phase impact other sectors of the industry, including P&U and chemicals?

The KPMG Global Energy Institute, in conjunction with Eurasia Group, invites you to listen to the next discussion in this webcast series on the ongoing impact of COVID-19 on the energy industry.