Page 2 - S&p Global Platts
Markets underestimating oil demand; see Brent at $80: Goldman Sachs
International travel, according to Goldman Sachs is another key factor that is likely to trigger a demand rise, which in turn will keep oil prices elevated
 "Markets underestimating oil demand; see Brent at $80: Goldman Sachs")
Platts cuts India's 2021 oil demand by 28%; sees crude topping $70
However, once the lockdowns are lifted, Platts expects the pent-up demand to get released, which in turn will act as a catalyst for economic growth
 "Platts cuts India's 2021 oil demand by 28%; sees crude topping $70")
S&P Global Platts cuts India's 2021 oil product demand forecast by 9%
The total oil demand in India, according to their estimate, had declined to 470,000 b/d in 2020
Oil will return to a starring role in India
Platts Analytics expects India's oil demand in 2021 to recover to slightly above the level of 2019, with growth of 465,000 barrels per day in the year
 "Oil will return to a starring role in India")
Oil market's reliance on China shows narrowing options
Platts Analytics sees oil prices struggling to go beyond the mid-$40s/bbl mark by the end of calendar year 2020 (CY20) before creeping up to $50/b by end-2021
Oil demand may hit 100 million b/d in 2041 if economic recovery sustains
Platts Analytics sees continued growth in long-term petrochemicals demand as potentially delaying peak oil demand to 2021.
Crude oil can hit $50/bbl in 2021; gas demand to pick up in India: Analysts
Currently, Brent prices are hovering around the $42/barrel mark
 "Crude oil can hit $50/bbl in 2021; gas demand to pick up in India: Analysts")
Top headlines: Indian economy to shrink 5% says S&P, power sector woes
Business Standard brings to you the top headlines of the day
 "Top headlines: Indian economy to shrink 5% says S&P, power sector woes")
Coronavirus fear: Morgan Stanley, Goldman declare global recession underway
The outlook could darken even further if the virus lasts longer than anticipated, or wields greater economic pain -- given factories, schools, restaurants and shops are closing around the world
 "Coronavirus fear: Morgan Stanley, Goldman declare global recession underway")
Crisil to buy Stamford-based Greenwich Associates, deal likely early 2020
Greenwich is a leading provider of proprietary benchmarking data, analytics and qualitative, actionable insights that help financial services firms measure and improve business performance
 "Crisil to buy Stamford-based Greenwich Associates, deal likely early 2020")
See Brent oil prices near $60 per barrel by 2020-end: Paul Hickin of Platts
S&P Global Platts sees India's oil demand growing by 170,000 b/d next year as economic growth is expected to pick up, says Hickin
 "See Brent oil prices near $60 per barrel by 2020-end: Paul Hickin of Platts")
S&P ratings sees debt downgrade for India if economic slide continues
Sovereign bonds slid after the report, with the yield on the benchmark 10-year note rising 5 basis points to 6.76 per cent
 "S&P ratings sees debt downgrade for India if economic slide continues")
S&P Global Platts expanding India presence; focus on agriculture to go up
S&P Global Platts, acquired Live Rice Index (LRI), a global provider of information and benchmark price assessments for the rice industry, earlier this year
 "S&P Global Platts expanding India presence; focus on agriculture to go up")
