Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Oil supply disruptions are many, but demand rules prices

Oil supply disruptions are many, but demand rules prices

FromCapitol Crude: The US Energy Policy Podcast


Oil supply disruptions are many, but demand rules prices

FromCapitol Crude: The US Energy Policy Podcast

ratings:
Length:
20 minutes
Released:
Mar 2, 2020
Format:
Podcast episode

Description

Seemingly long-term US sanctions on oil flows out of Iran and Venezuela, a blockade in Libya with no end in sight, and even more production cuts from the OPEC+ coalition expected this week are adding up to a loss of roughly 6% of global supply -- but prices are cratering. Demand, specifically weakening demand caused by the effects of the coronavirus, is far outweighing even unprecedented declines in supply. On this week’s podcast, Fernando Ferreira, Rapidan Energy Group’s director of geopolitical risk service, talks OPEC+, Iran, Venezuela, Iraq and Libya, and where world oil supplies are headed. Can a supply shock even rattle the oil market anymore?
Released:
Mar 2, 2020
Format:
Podcast episode

Titles in the series (100)

In-depth weekly analysis of US energy policy news from S&P Global Commodity Insights senior editors covering the Capitol. Hosted by Jasmin Melvin.