As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt (NPR Podcast)

Due to sky-high U.S production and inconsistent compliance with OPEC-specific cuts to oil output, the global oil glut is likely to remain for the forseeable future. With more and more firms speculating that, as a result of this oversupply, prices will remain low, then many of them are facing situations in which they need to adapt or fall. This NPR podcast focuses around the potential impact that these circumstances could have, particularly as demand for alternatives like electric vehicles continues to grow.

 

Source: “As Oil Prices Predicted To Remain Low, Energy Firms Seek Ways To Adapt” (NPR)

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