ADI Analytics has launched a multi-client study titled Oil and Gas in the Perfect Storm, evaluating the compounded impacts of COVID-19, the Russia-Saudi price war, and other macro uncertainties on the oil and gas industry. The study analyzes global supply-demand shifts, production cuts, capex trends, and develops three forward-looking price scenarios—Recession, Reconciliation, and Rebound. It also assesses implications across upstream, midstream, LNG, refining, and petrochemicals, offering strategic insights for operators, investors, and policymakers navigating this turbulent period.
We could have borrowed from Gabriel Garcia Marquez’s “Love in the time of cholera” to title this piece, “Oil and gas in the time of coronavirus”. But that would only recognize the coronavirus disease of 2019 (COVID-19) for its Black Swan impact on oil demand and ignore the supply shock posed by Russia’s refusal to hyphenate itself with OPEC again in cutting oil production. Broader uncertainties from an election year in the U.S. and growing investor clamor for shale profitability and energy transition initiatives add further, even if now less urgent, uncertainties.
We at ADI instead see the “perfect storm” as a better metaphor for the collective impact from the Russian-Saudi spat and COVID-19. Metaphors and clever writing aside, how should we think about this perfect storm? We try to address this here with our firm’s research and consulting work.
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About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
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