Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Sizing up oil demand recovery scenarios after a shocking spring

Sizing up oil demand recovery scenarios after a shocking spring

FromCapitol Crude: The US Energy Policy Podcast


Sizing up oil demand recovery scenarios after a shocking spring

FromCapitol Crude: The US Energy Policy Podcast

ratings:
Length:
16 minutes
Released:
Apr 20, 2020
Format:
Podcast episode

Description

With the world locked down for the coronavirus, global oil demand is seeing its sharpest plunge on record. Current estimates have 2020 oil demand contracting by as little as 6.8 million b/d, as predicted by OPEC, to as much as 9.3 million b/d, according to the International Energy Agency. Still further downgrades are possible based on when economic activity starts to return. But so much is unknown about that timeline all across the globe. So how does an oil analyst predict future demand in the face of so much uncertainty? Claudio Galimberti, S&P Global Platts Analytics' head of demand, refining and agriculture, shares some of the potential recovery scenarios and what factors will influence whether the 2020 oil demand outlook stabilizes or sinks further.
Released:
Apr 20, 2020
Format:
Podcast episode

Titles in the series (100)

In-depth weekly analysis of US energy policy news from S&P Global Commodity Insights senior editors covering the Capitol. Hosted by Jasmin Melvin.