In this commentary to the Gulf Intelligence, Dr Carole Nakhle, CEO of Crystol Energy, discusses the latest market developments.
Dr Nakhle talks about oil prices, demand recovery, OPEC’s contribution to the current market stability and the possibility that the group revisits its decision on increasing its production at the upcoming OPEC+ meeting.
She also comments on the global economic recovery, which has been weaker that everyone was projecting, including the economic performance of China, as well as the downside risks due to the trade tensions between China and the US, the UK Brexit deal with the EU and the upcoming US election in November.
Dr Nakhle is joined by Chris Wood, Chief Executive Officer, AAG Global Investment, and Tonny Quinn, Operating Partner at Prostar Capital and CEO at TankBank International. Sean Evers, Partner at the Gulf Intelligence, moderates the discussion.
Related Analysis
“Oil Market Outlook: A Quandary of OPEC+”, Dr Carole Nakhle, Aug 2020
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”Weekly commentary on energy markets and global economy”, Christof Ruehl, Sep 2020