RE: Who is buying the oil?2 Apr 2020 09:11
Yes there will be a downturn and reduced consumption, although there are companies like ours that are buying benzene to generate foam for beds insulation etc since part of the world is still turning. Supply of product to car manufacturers has ceased but other consumers are requesting products. Not a total balance but it helps. The longer we are in lockdown the more other goods become essential. Only time will tell and my Crystal ball is not working this morning.