Industry experts spoke about the difficult times that the industry is going through.
The USO’s President, Edwin Palma, spoke about the alleged ‘massive layoffs’ that Ecopetrol’s (NYSE:EC) contracting firms have been doing, in the midst of the Covid-19 pandemic.
Between Covid-19 and the Russia / Saudi Arabia fight, the short-term prospects for oil prices are not great. But what happens after the pandemic passes, demand picks up and Saudis stop pumping as if there was no tomorrow?
Ecopetrol (NYSE: EC) continues to take measures to deal with the health emergency state announced by the government.
Promigas joined the list of firms that have decided to help Colombia fight the Covid-19.
The USO’s President, Edwin Palma, warned about massive lay offs due to the Covid-19 pandemic.
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