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Part 2: Plunging oil prices, pandemic having dramatic downstream impact

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Listen: Part 2: Plunging oil prices, pandemic having dramatic downstream impact

  • Featuring
  • Christopher Newkumet    Janet McGurty    Everett Wheeler    Harry Weber
  • Commodity
  • LNG Natural Gas Oil Petrochemicals
  • Length
  • 20:14
  • Topic
  • Coronavirus and Commodities OPEC+ Oil Output Cuts

With oil prices off roughly 30% in the past week in face of falling demand triggered by the coronavirus pandemic, impacts in the downstream are far-reaching. 

Changes in crude flows, refinery operations, LNG development and petrochemical price dynamics all are newly in play.

Editors from S&P Global Platts and S&P Global Market Intelligence explore market and industry dynamics triggered by the extreme volatility in world oil markets, with a special focus on downstream us oil, natural gas, LNG and petrochemical operations.

Part 1: Volatility in global markets creates havoc for upstream US oil, gas and LNG