The COVID-19 pandemic has landed a lasting blow to both oil and gas markets. Global oil production has absorbed the lion’s share of the impact, but natural gas output, which was previously set to grow, is also set to decline by 2.6% this year, Rystad Energy forecasts. Production of associated gas from oil fields will be hit most, losing some 5.5% compared to 2019 levels. Before COVID-19 forced a new ...