C-MACC Perspectives No 15
What If We Have Seen Peak Oil Demand?
- Could our 2019 peak oil thesis – now also raised by BP CEO Bernard Looney – be correct. If so, there is no return to normal for commodity chemicals.
- We look back at the template that we created at the end of February with our second Scenarios piece and attempt to pull forward some of the conclusions from that report – the most important of which are likely a flatter cost curve for longer and a major step change in consolidation (but not yet).
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