Pandemic exposes cracks in oil majors’ bet on plastic

The energy industry’s bet that a petrochemicals boom would support decades of oil and gas sales growth is on shaky ground as an already saturated plastic market is hit by a coronavirus demand shock.

Source: https://www.reuters.com/article/us-health-coronavirus-plastic-analysis/pandemic-exposes-cracks-in-oil-majors-bet-on-plastic-idUSKBN23B0UT?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29
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Author: Reuters