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Oil Production Cuts Not Expected to Stave Off Damage to Energy-Dependent Cities

Houston, Denver, Calgary May See Lasting Real Estate Effects From Oil Price Drop

Refinery operations in the Houston area. The fallout from the coronavirus pandemic and oil price war is expected to have lasting impacts on commercial real estate in some energy-focused cities. (iStock)
Refinery operations in the Houston area. The fallout from the coronavirus pandemic and oil price war is expected to have lasting impacts on commercial real estate in some energy-focused cities. (iStock)

(Story has been updated in the second paragraph to say an OPEC+ deal was not reached.)

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