In this commentary to the Gulf Intelligence, Dr Carole Nakhle, CEO of Crystol Energy, discusses the latest developments in global oil industry, including OPEC+, oil prices and demand recovery.
Dr Nakhle further comments on the geopolitical factors affecting global oil markets, including the tensions with China. US President Joe Biden adopted the same stance on China as its predecessor albeit following a different approach as he gathers international support instead of unilateral measures.
She also discusses the difference between the latest US$ 2.3 trillion stimulus package and previous such packages, as the former targets widening the productive capacity of the economy, done over several years.
Dr Nakhle is joined by Randall Mohammed, VP Energy Solutions, Ahart Solutions International, and Chris Wood, CEO at Savanara DMCC. Sean Evers, Managing Partner, Gulf Intelligence, moderates the discussion.
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