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Oil may take fresh beating this hurricane season

2 5 45
23.05.2020

The Schork Group principal Stephen Schork argues oil demand is picking up but that it is partially due to barrels moving into the Strategic Petroleum Reserve.

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On the heels of the COVID-19 pandemic, hurricane season may give the U.S. oil and gas industry a fresh beating.

Weather forecasters are predicting 2020 could be one of the most dangerous seasons in years, perhaps as damaging as 2005 which included Hurricane Katrina, producing as many as 19 storms.

HURRICANE SEASON 2020 COULD BE INTENSE

For an already vulnerable U.S. energy industry, hit by the coronavirus price crash which has resulted in........

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