INFOGRAPHIC
Aug 20, 2020
Effect of COVID-19 pandemic on refining and refiners
The reality of the downstream industry with COVID-19 pandemic is grim, due to one of the largest demand destruction events the world has seen. The refining companies experienced sharp drop in refining margins; slashed their capex and lowered utilization rate to sustain through the crisis.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fstage.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2feffect-of-covid19-pandemic-on-refining-and-refiners.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fstage.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2feffect-of-covid19-pandemic-on-refining-and-refiners.html&text=Effect+of+COVID-19+pandemic+on+refining+and+refiners+%7c+S%26P+Global+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fstage.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2feffect-of-covid19-pandemic-on-refining-and-refiners.html","enabled":true},{"name":"email","url":"?subject=Effect of COVID-19 pandemic on refining and refiners | S&P Global &body=http%3a%2f%2fstage.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2feffect-of-covid19-pandemic-on-refining-and-refiners.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Effect+of+COVID-19+pandemic+on+refining+and+refiners+%7c+S%26P+Global+ http%3a%2f%2fstage.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2feffect-of-covid19-pandemic-on-refining-and-refiners.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}