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.

WHO SHOULD LISTEN: 

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

PRESENTERS:

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

Debnil Chowdhury
Head of North America Refining
IHS Markit

 

LISTEN AND DISCOVER:

  • 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?