In this commentary to the Gulf Intelligence, Dr Carole Nakhle, CEO of Crystol Energy, discusses the latest market developments in global economy and oil industry.
Dr Nakhle comments on the outcome of the recent OPEC+ Joint Technical Committee meeting, with the group’s members supporting the case for further cuts on crude output next year. She also discusses oil production, oil demand, which has been less affected by the second round of national lockdowns, and inventories.
Dr Nakhle is joined by Ahmed Mehdi, Research Associate, Oxford Institute for Energy Studies, and Mike McGlone, Senior Commodity Strategist, Bloomberg Intelligence. Sean Evers, Managing Partner at the Gulf Intelligence, moderates the discussion.
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