Dr Carole Nakhle, CEO of Crystol Energy, is quoted in this Anadolu Agency article on the outlook of global oil prices.
According to Dr Nakhle, oil prices remain at multi-year highs, and volatility is expected to continue along with what we are seeing in other markets.
The risk of a big economic recession has increased, and if it occurs, oil demand growth will be significantly impacted, putting further downward pressure on prices.
Related Analysis
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Related Comments
“OPEC, Oil Prices, and the US: Reasons for, and Solutions to, the Current Crisis“, Dr Carole Nakhle, Jun 2022
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