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Graph of stock market downturn with coronavirus superimposed
Four NOCs: Facing the Current Demand Destruction
The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.
Benigna Cortés Leiss, Adrian Duhalt May 20, 2020