The recent COVID-19 outbreak caused a major disruption to peoples’ movements around the world, resulting in a very sharp curtailment of international air travel. Demand for jet fuel, normally a high value refined product and one of the easiest products to sell, was suddenly at record lows with negative crack spreads recorded in all markets. […]
The Covid-19 global pandemic’s effects on markets and how manufacturers continue to adapt to this market disruption Welcome to the first in a monthly series of market analysis and commentary articles brought to you by the Imubit Economic Engineering team. These will provide interesting and timely content centered around hydrocarbon markets and economics including transportation […]