Part 2: Plunging oil prices, pandemic having dramatic downstream impact

With oil prices off roughly 30% in the past week in face of falling demand triggered by the coronavirus pandemic, impacts in the downstream are far-reaching. Changes in crude flows, refinery operations, LNG development and petrochemical price dynamics all are newly in play. Editors from S&P Global Platts and S&P Global Market Intelligence explore market and industry dynamics triggered by the extreme volatility in world oil markets, with a special focus on downstream us oil, natural gas, LNG and petrochemical operations. Also check out Part 1: Volatility in global markets creates havoc for upstream US oil, gas and LNG