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 performance of the global economy and the higher oil prices, reflecting the positive momentum following the end of the US election drama, the encouraging news about the vaccine development and OPEC’s consideration sticking to current production in 2021.
She also talks about oil demand, oil output, as well as the possibility of the OPEC+ group being at risk of unravelling.
Will OPEC be influenced by market recovery and stick with plans to increase supply?
She is joined by Chris Wood, CEO of AAG Global Investments, and Rustin Edwards, Head, Fuel Oil Procurement, Euronav NV. Sean Evers, Managing Partner at the Gulf Intelligence, moderates the discussion.
Related Analysis
“Oil Market Outlook: Expectations and Realities”, Dr Carole Nakhle, Oct 2020
“Oil market outlook: sailing in the dark”, Dr Carole Nakhle, Sep 2020
“Oil market outlook: A cautious global recovery”, Dr Carole Nakhle, Jul 2020
