Oil bonds buoyant despite WTI crash but Covid-19 threat looms
Cast-iron technical factors are managing to support recent bond issues for European oil majors at prices above reoffer, despite the price of the commodity plumbing historic depths this week. But analysts warned that this is just the beginning and a second wave of Covid-19 cases would be a “disaster” for the oil and gas industry.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: