COVID Market Update • The Texas Oil and Gas Association said this week that the state had managed to add 700 oil and gas exploration jobs in September. This would be the first increase since the pandemic struck. Although a glimmer of hope, U.S. Energy Secretary Brouillette said this week that he does not expect U.S. oil production to rebound in the United States any time soon. Brouillette expects U.S. oil production to stay around 11 million bpd through 2021. • In Italy, troubling tanker activity trends are proving a bad omen for the…
