The black commodity's ongoing crisis might end up benefiting oil companies, according to Arij van Berkel, energy economist at analyst firm Lux Research, who says there might be some sense in all the madness.
When the Covid-19 pandemic and oil price crises can be interpreted as an opportunity for the fossil fuel giants, the main fact behind the matter is that green power is now even cheaper than normal, and petroleum companies have deeper pockets than most others.
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