The Covid-19 induced demand disruption and supply-side issues have led to a sharp decline in crude oil prices. Such low prices will have a significant impact on the Indian economy and many sectors that are dependent on crude and crude derivatives.
In this backdrop, key questions that crop up are on the price of, and demand outlook for, crude oil; and, its impact on demand, profitability and credit outlook of sectors linked directly and indirectly to crude. To discuss this, CRISIL is organising a webinar where its experts will present their views on the following areas:
Exploration and production: Outlook on capital expenditure and profitability
Oil refining and marketing, and petrochemicals: Outlook on demand, profitability and credit impact
The cascading impact of crude price fall for sectors: tyres, paints, aviation, transport and logistics, packaging, and chemicals among others
This will be followed by a panel discussion with experts from the industry and a Q&A session.
