As Murphy’s law states, “Anything that can go wrong will go wrong”. This age-old adage can be applied to what the U.S. oil and gas industry has experienced through most of 2020. The U.S. shale sector continues to reel from low oil prices triggered by the COVID-19 pandemic, which cratered crude oil and refined products demand and a Saudi-Russia price war in March that resulted in a significant increase in crude oil production and, consequently, supply. The confluence of these events led to a...By: Opportune LLP.