The oil industry has suffered three big shocks only in the past twelve years. It has been turned completely upside down in 2020, with a price war in March quickly abandoned as the COVID-19 pandemic caused an unprecedented demand collapse.
Johan Trocmé, director of Thematic Research, Viktor Sonebäck, analyst at Thematic Research, and Shirin Haddad, Group Functions, talk about their latest Nordea On Your Mind report ‘Oil: black gold or black hole’, where they explore how the industry should deal with likely persistent oil price volatility, peak oil demand within six years as renewable energy keeps growing, and the need to have a sustainable business, also in oil.
Read more in their article: Be prepared for peak oil before 2030
If you are a corporate customer and want to access the full report, please contact Viktor Sonebäck
Read more news
Together with 207 other global investors, Nordea is putting pressure on companies to act responsibly on human rights. This initiative is a response to the la...
The Nordea Economic Outlook comes out on 11 May. Sign up for the same-day webinar with Group Chief Economist Helge J. Pedersen.
High levels of customer and business activity led to very strong first-quarter results.