Latest Analysis /
East of Suez Gas Service
GI #330-Oil Price Crash and Impact on the US Gas Market
Published: 2 April, 2020
Highlights:
- Crude oil prices have crashed. With the demand destruction intensifying, logistical shut-ins seem imminent and we expect some 1 mmb/d of tight oil production to be shut-in by end 3Q 2020.
- We expect associated gas production to decline some 1 bscf/d by end 3Q 2020 in a similar trend to tight oil ...
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