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home / news releases / NBR - OIH: Oil Is Dead. Long Live Oil

NBR - OIH: Oil Is Dead. Long Live Oil

Nabors Industries Ltd.
  • The global energy complex was upended in 2020.
  • A coordinated international lockdown of borders and shuttering of the world economy saw black gold’s economic relevance take on water.
  • Oil futures nose-dived, operators mothballed projects, and OPEC laboured to make crude great again.
  • Since then, several operators have jumped on the green bandwagon, promising carbon neutral nirvana in distant 2050.
  • But oil appears to be anything but dead. Long live oil.

For further details see:

OIH: Oil Is Dead. Long Live Oil
Stock Information
Company Name: Nabors Industries Ltd.
Stock Symbol: NBR
Market: NYSE
Website: nabors.com
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