In this article we take a look at developments in the energy market with an eye on rising energy prices, the factors responsible, and the cascading impacts being felt by an already slowed supply chain amid the daunting prospect of a prolonged war in Ukraine.

In this article we take a look at the current state of the energy industry. We explore the various factors that predisposed it to such a significant downturn in the face of the current crisis, and how the mounting second wave of COVID-19 cases is likely to impact oil producers, industry service providers and the value of their highly specialized assets in the months ahead.