Eyeing demand recovery in a post-COVID-19 world
At AFPM's virtual Summit on Tuesday, Robert Auers, Senior Consultant at Turner, Mason & Company, hosted an afternoon session on challenges in the U.S. refining sector, including how COVID-19 has affected the short-term global demand for refined products and the prospects for demand longer term. Tracing the path of COVID-19 and regional responses. Among developing countries, long-term lockdowns are not possible due to the high costs associated with increased hunger, lower vaccination rates and other factors. While many developing countries attempted lockdowns from March to May, most have been forced to switch to a "flatten the curve" model, with the exception of the Philippines and Peru.
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