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ON-DEMAND WEBINAR

Impact of Covid-19 on the oil markets- are we on the road to recovery?

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Massive oversupply has sent crude oil prices to record lows across the globe as demand destruction overwhelmed the market. To compete for a smaller pie, crude producers have been slashing prices to woo buyers, whose home markets have seen some of the highest inventories of crude and products, and well as the lowest consumption. Prices have return to above $30/barrel levels after plunging below $20/barrel, seeing US benchmarks fall below zero. How has the market been reacting and what are the price indications showing us? How is Asia poised to recover? How has India been impacted in terms of crude production and oil imports?


SCHEDULE
Date: 11 June, 2020

Time: 11:00 AM IST, 1:30 PM HKT, 3:30 PM AEST

Duration: 1 hour 30 minutes


KEY DISCUSSION POINTS

  • Middle Eastern crude price trends and competitiveness of western crudes into Asia


  • Asian products’ price drivers and implications


  • Collective output cuts and their role in balancing demand loss globally


  • Record lows in margins for diesel, gasoline and jet fuel- how is Asia coping and which markets will recover


  •  India’s crude production and imports; impact on refining sector


  • Overall demand in India with linkages to industrial activity and macro numbers



SPEAKERS


Yan Chong Yaw, Director- Oil Research and Forecasts, Asia , Refinitiv

Dexter Wang, Market Engagement Manager, Asia, S&P Global Platts

Nidhi Verma, Journalist and Head, Reuters Energy Coverage, India, Thomson Reuters

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