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Argus European Crude Conference 2024 – Opening Panel

Crystol Energy is pleased to share that Dr. Carole Nakhle, CEO of Crystol Energy, joined the opening panel at the Argus European Crude Conference in London.

Alongside Paul Horsnell (Head of Commodities Research, Standard Chartered) and Saad Rahim (Chief Economist, Trafigura), and under the moderation of David Fyfe (Chief Economist, Argus Media), Dr Nakhle contributed to a rich discussion on the state of global oil markets.

Dr Carole Nakhle sharing insights on global oil markets at the Argus European Crude Conference 2024

Key questions raised during the panel include:

  • Geopolitics: Are today’s market disruptions becoming the new normal, and how should the industry adapt to a world of persistent geopolitical uncertainty?

  • Demand outlook: Why do OPEC and the IEA continue to project such different paths for oil demand, and what does this divergence mean for producers and investors?

  • China: How do China’s economic headwinds, mixed with signs of recovery, and its lack of transparent data shape the global demand picture?

  • Supply dynamics: Is the “drill baby drill” approach still practical in an era of capital discipline, climate commitments, and volatile prices?

  • Middle East: How might a second Trump administration affect regional dynamics in a Middle East already marked by heterogeneity and uncertainty?

  • Iran sanctions: Will the return of maximum pressure on Iran redefine supply balances, and how prepared are markets for such a shift?

Related Analysis

Shifting priorities upset the green energy transition“, Dr Carole Nakhle, Apr 2025

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