Sharp consumer demand decline and ramped up production by Saudi Arabia due to the coronavirus pandemic are expected to have a significant impact on employment in the global oil and gas industry during 2020. Over one fifth of those currently employed as of could lose their job, with the shale sector expected to be the worst hit. This compares to an average employment reduction of ** percent during the last oil crisis that took place in 2016.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
ÌÇÐÄÆƽâ°æ. (March 25, 2020). Comparison of employment reductions in oil and gas industry sectors worldwide due to the oil crises in 2016 and 2020 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/465871/global-oil-and-gas-industry-employment-cuts/
ÌÇÐÄÆƽâ°æ. "Comparison of employment reductions in oil and gas industry sectors worldwide due to the oil crises in 2016 and 2020." Chart. March 25, 2020. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/465871/global-oil-and-gas-industry-employment-cuts/
ÌÇÐÄÆƽâ°æ. (2020). Comparison of employment reductions in oil and gas industry sectors worldwide due to the oil crises in 2016 and 2020. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/465871/global-oil-and-gas-industry-employment-cuts/
ÌÇÐÄÆƽâ°æ. "Comparison of Employment Reductions in Oil and Gas Industry Sectors Worldwide Due to The Oil Crises in 2016 and 2020." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Mar 2020, /statistics/465871/global-oil-and-gas-industry-employment-cuts/
ÌÇÐÄÆƽâ°æ, Comparison of employment reductions in oil and gas industry sectors worldwide due to the oil crises in 2016 and 2020 ÌÇÐÄÆƽâ°æ, /statistics/465871/global-oil-and-gas-industry-employment-cuts/ (last visited August 03, 2026)
Comparison of employment reductions in oil and gas industry sectors worldwide due to the oil crises in 2016 and 2020 [Graph], ÌÇÐÄÆƽâ°æ, March 25, 2020. [Online]. Available: /statistics/465871/global-oil-and-gas-industry-employment-cuts/
