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KMI - How Bad Is Oil Demand? Assessing Views Across Energy
Kinder Morgan Inc.
While there has been much discussion around oil supply in the form of OPEC+ cuts, curtailments, production shut-ins, and potential pro-rationing of production at the state level, the problem facing oil markets is first and foremost a demand issue, which has necessitated a supply response. Oil markets have seen a swift and dramatic decline in demand as the world has ground to a halt amid measures taken to stem the spread of coronavirus. The severity of the demand destruction and the speed of a recovery are still to be determined. Today's note aggregates views from