BP profits dive 66% as coronavirus hits oil demand
The Covid-19 economic effects continue to have huge economic implications. As BBC reports “Lockdowns around the world have been keeping people inside, slashing demand for oil.” The entire energy sector is experiencing fall of profitability, which is likely to lead to a number of sizable defaults, especially in the shell industry and operations exploring low-quality oil fields. In those uncertain times Deriveum provides a concept to return investment in the bond markets and allow for effective risk sharing.
Please click on the link below for more information on the BBC’s report
