The Essential Podcast, Episode 6 : Oil Demand Part Deux - Prices Under Water

About this Episode

S&P Global Platts' Global Director of Analytics Chris Midgley returns to The Essential Podcast to explain how expiring contracts, paper traders, full storage capacity, and a collapse in demand conspired to send oil prices into negative territory for the first time ever.

The Essential Podcast from S&P Global is dedicated to sharing essential intelligence with those working in and affected by financial markets. Host Nathan Hunt focuses on those issues of immediate importance to global financial markets – macroeconomic trends, the credit cycle, climate risk, energy transition, and global trade – in interviews with subject matter experts from around the world.

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Show Notes

Read the research discussed in this episode:

• In volatile times, informed decision-making is more important now than ever. Access S&P Global Platts Live to engage with the latest multimedia news and insights on commodities markets.

• As the status of oil markets continues to evolve, S&P Global's digest on oil markets in crisis is updated daily with the latest essential intelligence.

• Listen to the fourth episode of The Essential Podcast, 'It's All Demand' – Making Sense of Oil Markets, published on April 16, on which Chris Midgley and Nathan Hunt talked before the historic OPEC+ oil production cut agreement was announced about unprecedented low oil prices caused in part by coronavirus and the role of OPEC on the global stage.

The Essential Podcast is produced by Molly Mintz.