In this interview given to Israa Ibrahim from Asharq Business, Dr. Carole Nakhle, CEO of Crystol Energy discusses the outlook for the oil market for 2025.

Key takeaways:
– The factors that have influenced oil markets in 2024 are expected to prevail in 2025. These include slow growth in demand, particularly from China, coupled with ample supplies from Non-OPEC producers.
– China plays a pivotal role in oil markets as the world’s largest crude oil importer and a major holder of significant refining capacities. Affected by its structural economic problems that dominated the headlines in the last few years, the country’s oil demand growth has not been as strong as many hoped for, including OPEC.
– President Trump’s position on critical global issues impacting oil markets remains ambiguous. Notable examples include his administration’s policies towards China, its strategy towards Iranian and Russian oil sanctions, and its approach towards its domestic oil and gas sector, to name but a few.
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