Essential Podcast: Oil Demand – Prices under water

S&P Global Platts Global Director of Analytics, Chris Midgley, explains how expiring contracts, paper traders, full storage capacity, and a collapse in demand conspired to send oil prices into negative territory for the first time ever.

The Essential Podcast from S&P Global is dedicated to sharing essential intelligence with those working in and affected by financial markets. Host Nathan Hunt focuses on those issues of immediate importance to global financial markets – macroeconomic trends, the credit cycle, climate risk, energy transition, and global trade – in interviews with subject matter experts from around the world.

View the interview with S&P Global Platts President, on the impact of COVID-19 on commodity markets