Scenario Planning: The impact of low crude oil prices in Latin America

The continued low oil price has created interesting dynamics in the global downstream markets for both refining and petrochemicals. The question is, how long will it remain low, and what is the impact on Latin America and other regions?

Plan projects have been delayed, and global players have had to recalibrate expectations.

In this webinar, George Martin, ICIS Senior Consultant will discuss the major Latin American markets, and will go into detail on the three countries to watch: Brazil, Mexico and Argentina.

Key topics of the webinar

  • Can Latin America continue to absorb excess supply?
  • Will the turmoil in Brazil's oil & gas sector continue, and how will that impact its downstream growth plans?
  • What happens to supply and demand if Braskem Idesa comes online this year?
  • How will the Panama Canal affect the Latin American market?

George will go through different scenarios that may help answer these concerns. Using ICIS' Global Supply & Demand Database to provide fundamental drivers, he will present the context and expertise needed to help you successfully plan for 2016 and beyond.

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About ICIS

ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.

About Reed Business Information

At Reed Business Information we provide information and online data services to business professionals worldwide.  Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day.  RBI is part of RELX Group, a leading global provider of data, information and solutions for professional customers.

About RELX Group

RELX Group is a world-leading provider of information solutions for professional customers across industries. The group employs about 28,000 people of whom half are in North America. RELX PLC is the London Stock Exchange listed vehicle for holding shares in RELX Group. Shareholders in RELX PLC own a 52.9% economic interest in RELX Group. RELX NV is the Amsterdam Stock Exchange listed vehicle for holding shares in RELX Group. External shareholders in RELX NV own a 47.1% economic interest in RELX Group. The total market capitalisation of the two parent companies is approximately £23bn/€33bn. Its shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RUK and ENL.

Scenario Planning: The impact of low crude oil prices in Latin America

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George Martin Senior Consultant, Americas

George has extensive experience in documentation of technological products, with emphasis on petrochemical and refinery equipment, offshore drilling and production equipment. He is a globally recognized technical journalist specialized in commodity pricing (oil and petrochemicals), market analysis and price forecasting

George studied Mechanical Engineering at the Catholic University of Cordoba, Argentina and Information Science (Journalism) at the National University of Cordoba, Argentina. Emigrated to the United States of America in 1976, where he continued education in Data Processing.

Forecasting for Business Success Webinar

James Ray, Senior Consultant at ICIS and instructor for the ICIS Advanced Purchasing course hosted a free webinar. In this webinar he walked through the importance of accurate forecasting, what you should know about your market and forecasting to mitigate risk.

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