Weekly commentary on oil markets and global economy

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 oil prices, OPEC+’s wait and see game before the group decides on any production changes taking place from January 2021, as well as on global economic recovery. On the latter, she argues that while it will take time time to get to pre-Covid19 levels, the global economy is improving, stating that the most important contributor to that has been the fact that there are no severe national lockdowns similar to those seen back in March/April, which is already sending positive signals.

Dr Nakhle also discusses the latest geopolitical developments in East Mediterranean, including Libya, the recent talks between Lebanon and Israel, and the tensions between Turkey, Greece and Cyprus. She further comments on Oman going into debt markets, pointing out that this is the right time for the country and other Gulf oil producers to convince markets that they are serious about the diversification of their economies.

Do you agree that the second wave of Covid-19 infections now hitting the US and Europe may dent but it won’t derail the economic recovery from the first wave?

In this poll from the Gulf Intelligence, about 65% of respondents agree that the second wave of Covid-19 infections now hitting the US and Europe may dent but it won’t derail the economic recovery from the first wave

Dr Nakhle is joined by Walter Simpson, Managing Director at CCED, and Matt Stanley, Director at Star Fuels. Sean Evers, Managing Partner at the Gulf Intelligence, moderates the discussion.

Listen to the discussion

 

Related Analysis

Oil market outlook: sailing in the dark”, Dr Carole Nakhle, Sep 2020

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

Oil market outlook: A cautious global recovery”, Dr Carole Nakhle, Jul 2020

Related Comments

Weekly commentary on global economy and oil markets”, Dr Carole Nakhle, Oct 2020

The Oil & Gas Sector of Lebanon: What we need to know with Dr Carole Nakhle”, Dr Carole Nakhle, Oct 2020

Tensions running high between Greece and Turkey over the latter’s drilling activities in East Mediterranean”, Dr Carole Nakhle, Sep 2020

Weekly Commentary on Oil Markets and Global Economy

In this commentary hosted by the Gulf Intelligence, 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 market developments.

Christof comments on the global economic recovery, which is expected to show an uneven and divergent picture as countries act in arbitrary ways with respect to the pandemic, with emerging economies experiencing slower growth paces. He further discusses OPEC+ discipline, oil prices, shale production and inventories, as well as the upcoming US elections, the cost of stimulus packages and the impact of coronavirus on energy transition.

Christof is joined by Mike Muller, Director – Oil Business Development & Head of Trading at Vitol Asia. Sean Evers, Managing Partner at Gulf Intelligence moderates the discussion.

Listen to the discussion

 

Related Analysis

Oil market outlook: A cautious global recovery”, Dr Carole Nakhle, Jul 2020

The global oil market’s new, strange alliance”, Dr Carole Nakhle, Jun 2020

Back to too much oil?”, Lord Howell, Jun 2020

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

Related Comments

Impact of Covid-19 on GCC and Global Oil and Gas Markets”, Christof Rühl, Aug 2020

Half-Time Talk: “Oil majors are in trouble!””, Christof Rühl, Aug 2020