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Global Economy and Energy Markets Weekly Commentary – 25th Nov ‘20

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 Carole Nakhle comments on the latest developments in global economy and oil markets in the Gulf Intelligence weekly commentary

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?
In this poll from the Gulf Intelligence, 57% of the respondents believe that OPEC will be influenced by the 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.

Listen to 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

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