While Covid-19 is a health crisis, it has not spared the energy sector. It has forced the industry to set records for the lowest oil prices, sinking to $11.26 per barrel.
Ever since industrial age, the world has never been healthier than the last 3 months. Most may not agree with this statement with the COVID-19 pandemic causing an unprecedented human and health crisis.
Soaring costs to beat the heat and humidity in Singapore and other Southeast Asian countries are no joke. They take a deep cut into your profits.