Why Low Oil Prices Will Benefit Smaller Non-Operator Companies?

Why Low Oil Prices Will Benefit Smaller Non-Operator Companies?

Covid 19 outbreak has seen a dramatic fall in oil prices since mid-2014. This decline is already having a significant impact on the global economy.¬† In late April 2020, crude oil fell below $20 for the first time in two decades. Normally, when oil prices fall, several industries that rely on oil are expected to…