Global Economy and Energy Markets Weekly Commentary – 27th Sep ‘20

Christof Rühl, member of the Advisory Board of Crystol Energy and a Senior Fellow at the Harvard Kennedy School and the Center on Global Energy Policy at Columbia University, discusses the latest global oil and economic developments in this weekly interview to the Gulf Intelligence.

Christof Rühl (right) discusses the latest market developments in the weekly commentary hosted by the Gulf Intelligence

Christof comments on the failure of the US Congress to pass the second stimulus package to support the economy following the ramifications caused by the global pandemic. He also talks about the upcoming US elections, China’s role in global economy and the country’s potential to turn into the strongest economy, as well as the global economic performance that keeps showing an unpredictable and uneven recovery.

Christof also discusses OPEC+ compliance, oil prices and energy transition.

WTI averaged about $40+ in Q3 and Brent at about $43+. What direction of travel do you expect in Q4?

In this poll from the Gulf Intelligence, 1 out of 2 respondents believes that oil prices in Q4 will remain at levels similar to those seen in Q3

Christof is joined by Chris Bake, Member of the Executive Committee at Vitol. Sean Evers, Managing Partner at the Gulf Intelligence, moderates the discussion.

Listen to the discussion


Related Analysis

Oil Market Outlook: A Quandary of OPEC+”, Dr Carole Nakhle, Aug 2020

Clean Energy and Fossil Fuels in the Middle East: A Virtuous Cycle?”, Dr Carole Nakhle, Jul 2020

Oil in the energy transition age”, Dr Carole Nakhle, Mar 2020

Energy Transition? Not So Fast, One Expert Says”, Lord Howell, Oct 2019

Related Comments

The future of US crude oil production following a potential change to US Presidency”, Dr Carole Nakhle, Sep 2020

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