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Webinar: How will the oil price crash impact refining and chemical markets in China and Asia Pacific?

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30 April 2020

Webinar: How will the oil price crash impact refining and chemical markets in China and Asia Pacific?

Report summary

The double whammy of the coronavirus pandemic and the oil price collapse hit the global oil market severely this spring. But what are the implications for refining and chemical markets across the Asia Pacific region and China? To address this question, four of Wood Mackenzie's industry experts came together to analyse the current situation and assess the impact. This insight shares our research findings discussed during a recent Chinese-language webinar. Topics include: • A perfect storm in the oil market: the combination of demand-side shock and the failed OPEC+ talks causes oil prices to collapse. • Will global and Asia Pacific refining margins benefit significantly from the collapse in oil prices? • How will China's crude oil imports, the supply and demand of the refined oil market and product exports be affected? • How will the global ethylene market be affected? What will happen to the cost competition for ethylene plants in Asia Pacific and China?

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    Webinar How will the oil price crash impact refining and chemical markets in China and Asia Pacific.pdf

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