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India in focus: Oil demand concerns and weathering the COVID-19 storm

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Listen: India in focus: Oil demand concerns and weathering the COVID-19 storm

  • Featuring
  • Chris Midgley    Sambit Mohanty
  • Commodity
  • Oil
  • Length
  • 29:26
  • Topic
  • Coronavirus and Commodities

The astronomical surge in India's COVID-19 cases to record highs has baffled policymakers and overwhelmed the country's medical infrastructure. The current spread of infection has raised concerns that a crisis of unprecedented magnitude would take a toll on oil demand.

S&P Global Platts Senior Asia Energy Editor Sambit Mohanty talks to Rajat Kapoor, Managing Director for Oil and Gas at AWR Lloyd, and Chris Midgley, Global Head of Analytics at Platts, to unpack the factors that are affecting India's oil demand growth, and the implications this would have on the global oil market as well as OPEC's production strategy.

Related factbox: India's COVID-19 resurgence clouds energy, metals and agriculture outlook

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