OPEC+ has reached an agreement. What can we expect in its wake?

The oil deal is made so what now? Listen to this on-demand webinar and hear from Tom Kloza, OPIS by IHS Markit, and Debnil Chowdhury, IHS Markit, as they discuss the effects on the downstream supply chain.


Refiners, Wholesalers, Retailers, Financial Investors, Traders, Fleets, Pipelines, Terminals


Tom Kloza Debnil Chowdhury
Tom Kloza
Global Head of Energy Analysis
OPIS by IHS Markit

Debnil Chowdhury
Head of North America Refining
IHS Markit



  • What this means for crude oil costs and when might unprecedented demand destruction give way to a rally.
  • Why futures’ prices have disconnected with physical costs and how long this “disconnect” may continue.
  • Nationwide and regional real demand for gasoline and diesel and the likely road forward in the next 60 days. What might the back half of the “driving season” look like?
  • If refiners reached appropriate utilization rates yet and where might the bottom be for U.S. refinery runs this spring?
  • What’s next for rack prices for motor fuel and diesel. Prices crumbled to as little as 9.75-20cts gal in just a few weeks. Are such distressed levels likely to be seen again?
  • Is this an appropriate time for commercial customers to lock in some 2020-2021 costs via futures or derivatives?
  • What’s really guiding wild futures’ swings? We’ll update money flow, the ecosystem of spread trading, and traditional fundamentals.
  • How might downstream markets react when fuel demand rises 40% or even 60% in a manner of weeks? Can the North American supply chain handle a back-to-work surge? What regions might present hot spots or sore spots?