Abstract
This study analyzed the effect of COVID-19 on the international crude oil market and petroleum product market We analyzed the current status of the oil industry diversification strategy led by major oil companies in the Middle East at low oil prices In addition, it was intended to understand the impact on related industries and companies Aramco, NIORDC, KNPC, TAKREER, NRC, etc were selected as the target companies for this study COVID-19 was launched in China in December And after the WHO declared a pandemic in March, it began to affect the real market Therefore, analysis data and related research for this study are limited Although it is a research topic with these limitations, research on the effects of COVID-19 is urgent Refinery and petrochemical industries account for a large portion of exports It is important to conduct an analysis of the impacts of COVID-19 and the strategies of major oil companies in the Middle East and to communicate relevant information to business executives The effect of COVID-19 on the crude oil and petroleum products market was analyzed through case studies and data The major oil refineries and growth strategies were identified
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
