Coronavirus, China and the big oil crash
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Recent events have created a perfect storm in the oil markets, the likes of which have never been seen before. So much has changed in just the last few days. Not only has coronavirus escalated, with Iran, Italy, South Korea and potentially the US in lockdown, but we’ve seen oil prices plummet after OPEC’s weekend meeting ending in chaos and discord.
Oil prices have rebounded slightly. Where do we go from here?
Listen to this week’s episode of the Asia Pacific Energy podcast to find out. Angus, Max and Gavin cover the following – and much more – in just 20 minutes:
- What’s the outlook for oil and gas demand?
- Is there a silver lining?
- What does this mean for refiners, and why isn't it a rerun of recent price crashes?