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整个a股市值多少 苹果的市值已经超过多家石油巨头的总和
苹果的市值已经超过多家石油巨头的总和 The oil a d ga ector o ce worth a i ed $3 trillio i ow worth le tha A le' $1.5 tr
苹果的市值已经超过多家石油巨头的总和

The oil and gas sector
once worth a bined $3 trillion
is now worth less than Apple's $1.5 trillion market capitalization. If it wanted
the Cupertino
California technology pany could purchase the world's most expensive private oil and gas firm
ExxonMobil
for $198 billion with cash to spare.
That's quite a reversal of fortunes. For years
the oil and gas industry delivered consistent returns to Wall Street. Its lucrative dividends
around 6% at leading firms
gave investors a reason stick with the stocks despite a darkening outlook and the looming threat of climate policies. With oil hovering around $60 per barrel
nothing seemed to phase investors.
But in 2016
fracking opened up the taps on cheap US shale oil. Then the coronavirus pandemic crushed demand just as a price war beeen Russia and Saudia Arabia flooded the world with cheap oil. That drove the price of benchmark crude
briefly
into negative territory
and it now hovers at about $40 per barrel
where it seems destined to stick.
但在2016年,水力压裂法打通了美国廉价的页岩油的渠道,疫情又降低了人们的需求,俄罗斯和沙特阿拉伯之间的价格战让全球石油价格下跌。这就是使得标准原油的价格暂时出现负增长,现在每桶价格稳定在40美元,而且似乎还要持续一段时间。
With oil prices now far below what many non-state-owned oil firms need to make a profit
massive job losses have struck the US industry as production is curtailed. Royal Dutch Shell slashed its dividend by o-thirds
the first time in 80 years.
The oil and gas sector has now underperformed the S P 500 market index for years. It lags behind performance of renewables
too. While the decline began in 2015
the last year has seen oil and gas stocks drop by 35% just as shares in major renewable firms have risen by the same percentage.
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