Podcasts about global oil

Jose Pereira, is a Leadership & Resilience coach , Leadership & Motivational Speaker and Author with over 35 years in the Global Oil and Gas industry as CFO / CEO of Citgo Petroleum, and survivor of five years as an International hostage known as the Citgo6. His memoir, From Hero to Villain, details his journey. He now coaches through his own company Coach as Survivor LLC and hosts the Podcast: Building Resilience talk show. Visit joseconnect.com.Contact Jose Pereira:Social mediahttps://www.youtube.com/@JosePereira-nz4pshttps://LinkedIn.com/in/jose-angel-pereirahttps://www.twitter.com/pereirajap3https://linktr.ee/jose_angel_pereirahttps://www.facebook.com/profile.php?id=100068010210574&mibextid=LQQJ4dhttps://www.instagram.com/pereirajap3ahttps://www.threads.com/pereirajap3a/Web page https://joseconnect.comMy book webpage https://fromheroetovillian-thetruestoryofthecitgo6.com/Amazon link to the bookhttps://www.amazon.com/Hero-Villain-Citgo6-Villain-TRILOGY/dp/B0D8ZC3M1R/ref=mp_s_a_1_2?crid=24IR4N0X7HRXO&dib=eyJ2IjoiMSJ9.BzvoqWG8_EI4q4PyXPUXddGeEepqVTba6decIBT0DC_GjHj071QN20LucGBJIEps.gWpjmp2d2pMwbxgVndpLOigwm65SdEnHlx72zpRuINc&dib_tag=se&keywords=from+hero+to+villain+jose&qid=1720787346&sprefix=from+hero%2Caps%2C103&sr=8-2INTERVIEWSAnderson cooper interview https://www.cnn.com/videos/world/2022/10/24/jose-pereira-citgo-6-venezuela-american-detainees-released-intv-ac360-vpx-contd.cnnBook Launching interview in CNN en espanolhttps://youtu.be/Ii4-nCPyc8U?si=8J8NwfYyTPa4oTweDeclaration of the CITGO6 day in Houston by the mayorhttps://youtu.be/uWGupDse0L0?si=tMDJTwC0i7P5mrjuInterview in ABChttps://youtu.be/dlgdOKYdzTg?si=j88XcPH6ks27zVkginterview I. Telemundohttps://youtube.com/shorts/va-PD3R1GCQ?si=9fWXkodSeOh-LI_DInterview in KPRC2 https://youtu.be/e_nJZq-I-oU?si=CcD5tP7pXXIyffOuDr. Kimberley Linert Speaker, Author, Broadcaster, Mentor, Trainer, Behavioral Optometrist Event Planners- I am available to speak at your event. Here is my media kit: https://brucemerrinscelebrityspeakers.com/portfolio/dr-kimberley-linert/ To book Dr. Linert on your podcast, television show, conference, corporate training or as an expert guest please email her at incrediblelifepodcast@gmail.com or Contact Bruce Merrin at Bruce Merrin's Celebrity Speakers at merrinpr@gmail.com 702.256.9199 Host of the Podcast Series: Incredible Life Creator Podcast Available on... Apple: https://podcasts.apple.com/us/podcast/incredible-life-creator-with-dr-kimberley-linert/id1472641267 Spotify: https://open.spotify.com/show/6DZE3EoHfhgcmSkxY1CvKf?si=ebe71549e7474663 and on 9 other podcast platforms Author of Book: "Visualizing Happiness in Every Area of Your Life" Get on Amazon: https://amzn.to/3srh6tZ Website: https://www.DrKimberleyLinert.com Please subscribe, share & LISTEN! Thanks. incrediblelifepodcast@gmail.com Social Media Links LinkedIn: https://www.linkedin.com/in/dr-kimberley-linert-incredible-life-creator/ Facebook: https://www.facebook.com/kimberley.linert/ The Great Discovery eLearning Platform: https://thegreatdiscovery.com/kimberley l

Host: Tracy Shuchart for MicDropMarketsGuestsAbdulaziz Abdulaziz is a prominent Public Saudi figure on Energy and Climate issues and a public speaker for major energy issues for the chamber of commerce, municipalities and many other entities in the MiddleEast. For the past 15 years Abdulaziz has been an avid observer in the E&P activities in the MENA region. He reports daily on the regional competitors activities in the Upstream Sector as well as reporting quarterly updates on updated Business activities globally and in the region, including monitoring of all oil and gas discoveries in the Middle East, North Africa and global frontier areasLeonid Mironov Leonid is currently the head of materials at PACAT Capital Management (HK). He has over 17 years of experience in the global commodity and commodity equities space currently focusing on China and SE Asia. PACAT is a Hong Kong based long only and hedge fund manager investing in China and Asia with an exceptional track record going back to 2000.He also publishes the Panda Perspectives, a substack focused on China and its impact on Commodities, Industries and TechnologyDISCLAIMER: This material is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation, or an offer to buy or sell / long or short any securities, commodities, or any related financial instruments. Please contact a licensed professional before making any investment or trading decisions

On Sunday, Syrian rebel forces captured the capital Damascus and forced President Bashar al-Assad to flee the country to Moscow, ending more than 50 years of Assad family rule. What do these rapid and momentous developments mean for the future of Syria? And what are the ramifications for Iran, Israel, and Russia in the Middle East? In this episode, Jacob Heilbrunn speaks with Greg Priddy, a Senior Fellow for the Middle East at the Center for the National Interest. Priddy consults for corporate and financial clients on political risk in the region and previously served as Director for Global Oil at Eurasia Group.Music by Aleksey Chistilin from Pixabay

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Stuart Turley and Michael Tanner discuss a variety of energy topics, including the economic and geopolitical impacts of U.S. oil production policies, refinery closures, and international partnerships in nuclear energy. They critique regulatory decisions affecting energy infrastructure and emphasize the potential global implications of U.S. policy shifts under a Trump presidency, including increased LNG exports and potential relief from strict energy regulations. Additionally, they speculate that Trump's energy policies, particularly his "drill, baby, drill" approach, would bolster the U.S. oil industry while anticipating an increase in natural gas demand.Highlights of the Podcast00:00 - Intro00:54 - Joe Biden and Kamala's Iran Oil Sanctions Failure02:31 - LyondellBasell to Shut Down Houston Refinery04:47 - Energy Talen, Constellation and Vistra tumble after government rejects Amazon nuclear-data center agreement06:18 - Storm Rafael May Menace Oil, Gas Production in Gulf of Mexico: Weather Watch08:27- Russia's Oil Revenues Plunged 29% in October as Crude Prices Fell09:56 - Election Wrap Up20:20 - More Iran sanctions and ‘drill baby, drill': Oil market's future is still uncertain under Trump22:50 - OutroPlease see the links below or articles that we discuss in the podcast.Joe Biden and Kamala's Iran Oil Sanctions FailureLyondellBasell to Shut Down Houston RefineryEnergy Talen, Constellation and Vistra tumble after government rejects Amazon nuclear-data center agreementStorm Rafael May Menace Oil, Gas Production in Gulf of Mexico: Weather WatchRussia's Oil Revenues Plunged 29% in October as Crude Prices FellMore Iran sanctions and ‘drill baby, drill': Oil market's future is still uncertain under TrumpFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

Wondering how the upcoming US election could impact US oil production and benchmark crude prices? Listen to Eloise Radley, Senior Market Reporter and Ignacio Sotolongo, Senior Editor at ICIS discuss this topic. 

Preview: Iran: Conversation with Richard Goldberg regarding the possible IDF target list in Iran that will compromise the IRGC without exposing radiation risks or panicking the global oil markets. More tonight. 1850

In this insightful episode of Wicked Energy with JG, Justin Gauthier sits down with Arjun Murti to delve into the intricacies of global oil demand and the evolving energy landscape. Arjun criticizes extreme political positions on oil and gas, advocating for a balanced approach to energy production and innovation. He sheds light on the governments stance on fracking and the broader implications of U.S. energy policies. The discussion pivots to China's "all of the above" energy strategy, highlighting their investment in coal, nuclear, natural gas, and renewables to ensure energy security. Arjun provides an analysis of China's significant influence on global oil markets and the challenges and opportunities posed by their demographic shifts. Other key topics include the economic viability of biofuels, short-term and long-term oil price forecasts, and the impact of interest rate cuts on the energy sector. The episode wraps up with insights into Veriten's strategic advisory work across the oil and gas value chain. LinkedIn: https://www.linkedin.com/in/arjun-murti-energy-analyst/ Websites: https://arjunmurti.substack.com/ Show Sponsors InflowControl InflowControl is a tech firm specializing in enhancing oil production efficiency and minimizing environmental harm through their Autonomous Inflow Control Valve (AICV®). The technology boosts profitability in mature oil fields by filtering out undesired gas and water, allowing previously overlooked zones to contribute to production. This results in both higher profitability and Lower Carbon Oil for stakeholders. For more information, visit the links below: Website: www.inflowcontrol.no LinkedIn: https://www.linkedin.com/company/inflowcontrol-as/ YouTube: https://www.youtube.com/channel/UCqdgIooQhYtUBo-auUlYw-Q Mainline Ventures Mainline Ventures stands alone as the premier strategy consulting firm dedicated to the energy sector, founded by former E&P C-Suite executives. They transform deal-making from an art into a science with their Process Driven Negotiation Technique, focusing on active deals and offering services like bespoke training, deal advising, and go-to-market strategies, often on a contingency basis due to their strategy's proven effectiveness. This approach not only yields measurable, scalable results but also seamlessly integrates with your existing operations, ensuring long-term sustainability without the need for changes in your team or technology. LinkedIn Link: https://www.linkedin.com/company/mainlineventures/ Website: https://mainline-ventures.com/

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley discuss various topics in the energy and oil industry, including Shell's divestment from South African assets, oil majors' roles in the energy transition, and the implications of fracking and renewable energy policies. They highlight the complexity of maintaining profitability across different oil sectors and discuss how companies like Trafigura and Saudi Aramco are vying for control in these areas. Additionally, they touch on geopolitical issues, security concerns in the oil field, and the evolving policies surrounding natural gas and renewable energy in the U.S. and Europe.Highlights of the Podcast00:00 - Intro01:31 - Oil Majors and Traders Vye for Shell's South African Assets04:13 - It's Spreading: America's Top Oil Field Terrorized By Armed Venezuelan Gangs09:05 - An ESG Backlash Erupts in Europe on World's Strictest Rules11:15 - The Golden state of California is turning Brown without continuous electricity14:14 - In Germany, The Green Energy Transition Is Only Getting Worse16:35 - 2024 Election Debate Impact on Energy – Michael and Stu cover the top issues of the debate with special guest Rey ‘RT' Trevino18:39 - Kamala Harris' Position on Fracking (Clip)19:22 - R.T. Trevino's Initial Reaction21:01 - Stuart Turley's Response to Kamala's Statements22:28 - Michael Tanner's Analysis of Fracking and Foreign Oil23:24 - Biden Administration's Energy Policies26:01 - Inflation and Oil Production Under Biden34:16 - Security Concerns in Oil Fields35:00 - Final Thoughts on the Debate 34:46 - Layoffs Loom as Volkswagen Fights for Survival36:35 - OutroPlease see the links below or articles that we discuss in the podcast.Oil Majors and Traders Vye for Shell's South African AssetsIt's Spreading: America's Top Oil Field Terrorized By Armed Venezuelan GangsAn ESG Backlash Erupts in Europe on World's Strictest RulesThe Golden state of California is turning Brown without continuous electricityIn Germany, The Green Energy Transition Is Only Getting WorseLayoffs Loom as Volkswagen Fights for SurvivalFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

This week, we're revisiting an episode from last year. For decades, the global centre for oil trading has been Geneva, Switzerland. But Russia's war in Ukraine changed that. Sanctions have made it harder for western traders to move Russian oil. Now, traders are flocking to a new trading hub that has no restrictions on oil from Russia: the United Arab Emirates. The FT's Tom Wilson explains how this shift has helped the UAE replace Switzerland, and whether the global energy industry is shifting away from western economies. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:How Dubai became ‘the new Geneva' for Russian oil tradeSwitzerland questions oil trader over sidestep of Russian sanctionsLetter: Energy trading is opaque — and that suits Big Oil- - - - - - - - - - - - - - - - - - - - - - - - - - Register now for the FT Weekend Festival, and claim £24 off your pass using promo code FTPodcast at: ft.com/festival- - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Tom Wilson (@thomas_m_wilson) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read the transcript of this episode which was first aired in August 2023 Hosted on Acast. See acast.com/privacy for more information.

*This video was recorded prior to Peter departing on his backpacking trip in July. Guyana is a country we don't hear about too often, but its rise as an oil producer has earned it some air time. In particular, we'll be looking at the implications this carries for global oil markets. Full Newsletter: https://mailchi.mp/zeihan/a-new-player-in-global-oil-markets-guyana

Global oil benchmarks Brent crude and West Texas Intermediate surged this Wednesday on the news that Hamas's political leader Ismail Haniyeh had been killed by a suspected Israeli strike in Iran. Fears over a regional escalation of the Israel-Hamas war are fuelling concerns over production and distribution of oil in a region that produces about a third of global supply. Also in this edition, we look ahead to the US Federal Reserve's next decision on interest rates.

For decades, countries in the Middle East have dominated the oil market, pumping large quantities of the world's supply. Along with that has come a pattern: when there's conflict in the region, oil prices rise. The pattern seems to be breaking though, mainly because of one thing: US shale. The FT's Myles McCormick explains how production in the country shifted oil's epicentre away from the Middle East, and how long that may last. Clips from Al Jazeera, CBS, CNN- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:How US shale keeps sheltering America from the next oil price surgeOn markets and geopolitics, it is a mistake to forget about shaleWhy oil prices remain steady even as Middle East tensions escalate- - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Myles McCormick (@mylesmccormick_) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

When do you think we'll run out of oil?2050? 2100? Never? That's understandable given the IPCC models access to oil until 2100; politicians like Rishi are betting big on North Sea deposits. Petroleum is the life blood of our global economy, and it's difficult to imagine it drying up. More often, when we talk about transitioning away from fossil fuels, it's because of the necessity to limit global warming—not because we run out.But a team in Scotland are warning exactly that—we're running out. Fast. Alister Hamilton is a researcher at the University of Edinburgh and the founder of Zero Emission Scotland. He and his colleagues self-funded research into oil depletion around the world and the results are shocking: We will lose access to oil around the world in the 2030s. They calculated this by establishing the Energy Return On Investment (EROI) and found that whilst there will still be oil deposits around the world, we would use more energy accessing the oil supply than we would ever get from burning it. This is because we're having to mine further into the earth's crust to access lower-grade oil. According to their calculations, the oil in the North Sea will be inaccessible—in a dead state—by 2031, and the oil in Norway by 2032. Around the world, oil reserves see the same trend through the 2030s.Petroleum is the life blood, and we haven't yet built out a different circulatory system to support renewable energy—in less than a decade, the world as know it could crash. © Rachel DonaldPlanet: Critical is 100% independent and community-powered. If you value it, and have the means, become a paid subscriber today! Get full access to Planet: Critical at www.planetcritical.com/subscribe

An industry underpinning millions of jobs and large slice of America's GDP, the future of oil and energy are pivotal issues on the domestic and international agenda. At the recent gathering of the futures industry in Boca Raton, Florida, former U.S. Senator Kelly Loeffler and Mike Sommers, CEO of the American Petroleum Institute, sat down to discuss a wide range of topics related to production, refinement, and consumption, and the sector's vital impact on the U.S. economy, now and in the future. https://www.ice.com/insights/conversations/inside-the-ice-house

Media coverage has depicted Turkey's nationwide local elections on Sunday as a major blow for President Recep Tayyip Erdoğan and his ruling Justice and Development Party. How significant is this political defeat, and what does it augur both for Turkish and Middle East politics? In this episode, Jacob Heilbrunn speaks with Greg Priddy, a Senior Fellow for the Middle East at the Center for the National Interest. Priddy consults for corporate and financial clients on political risk in the region and previously served as Director for Global Oil at Eurasia Group.Music by Aleksey Chistilin from Pixabay

As the U.S. announces plans to build a humanitarian aid port in Gaza, a confrontation now brews between the Biden administration and the Netanyahu government over Palestinian refugees. Can President Biden forestall an Israeli military offensive into the border city of Rafah? In this episode, Jacob Heilbrunn speaks with Greg Priddy, a Senior Fellow for the Middle East at the Center for the National Interest. Priddy previously served as Director for Global Oil at Eurasia Group. His recent piece “Joe Biden's Gaza Port Initiative Can't Hide U.S.-Israel Discord” appears in The National Interest.Music by Aleksey Chistilin from Pixabay

Leading author, journalist and thinker David Frum and The Hubs Editor-at-Large Sean Speer discuss new Canadian legislation that would ban the advertising and promotion of the country's oil and gas sector, North America's growing share of global oil production, and how to balance the economic opportunities and environmental challenges of being an energy superpower.The Hub Dialogues features The Hub's editor-at-large, Sean Speer, in conversation with leading entrepreneurs, policymakers, scholars, and thinkers on the issues and challenges that will shape Canada's future at home and abroad. The episodes are generously supported by The Ira Gluskin And Maxine Granovsky Gluskin Charitable Foundation and the Linda Frum and Howard Sokolowski Charitable Foundation.If you like what you are hearing on Hub Dialogues consider subscribing to The Hub's free weekly email newsletter featuring our insights and analysis on key public policy issues. Sign up here: https://thehub.ca/free-member-sign-up/. Hosted on Acast. See acast.com/privacy for more information.

Guests: Ayesha Tariq, Leonid Mironov, Robert MullinAyesha Tariq Is the Co-Founder of MacroVisor, where she leverages her extensive experience and expertise in the financial markets to provide insightful and actionable macroeconomic research and cross-asset investment strategies to clients. She is a CFA Charterholder with over 19 years of experience in analyzing companies and investments, providing corporate finance advisory, and structuring deals across various sectors and regions.She started in Corporate Banking, then moved to a private family business as the Head of Treasury and Investments, managing a portfolio a substantial portfolio in real estate, hospitality, and private and public equities.Leonid Mironov Leonid is currently the head of materials at PACAT Capital Management (HK). He has over 17 years of experience in the global commodity and commodity equities space currently focusing on China and SE Asia. PACAT is a Hong Kong based long only and hedge fund manager investing in China and Asia with an exceptional track record going back to 2000.Robert Mullin Robert Mullin is the Founder and General Partner of Marathon Resource Advisors LLC, and has been investing in the energy and natural resource-sector since 1994. Over the last three decades he has been a portfolio manager at the Franklin/Templeton Group, The Cypress Funds and Tocqueville Asset Management as well as running his own firms focused on the sector. His thoughts on energy and natural resources have appeared in Bloomberg, Barrons, The Wall Street Journal and numerous other publications, and he has recently appeared in interviews with MOI Global, Prometheus Alts and Crux Investor as well as published several videos on the topics of the Energy Transition and the role of commodities in Geopolitics.Our Links:@MicdropMarkets @chigrl

World oil demand is slowing, non-OPEC supply remains strong and OPEC is likely to follow through on planned cuts. Here's how investors can understand this precarious balance.----- Transcript -----Welcome to Thoughts on the Market. I'm Martjin Rats, Morgan Stanley's Global Commodity Strategist. Along with my colleagues bringing you a variety of perspectives, today I'll discuss the 2024 Global Outlook for oil. It's Wednesday, the 10th of January at 2 p.m. in London. Around six months ago, oil market forecasters widely forecasted a tight second half for 2023 with considerable inventory draws. This expectation was partially driven by two factors. One, OPEC cuts, and in particular the additional voluntary cut of about 1 million barrels a day announced by Saudi Arabia back in June that took the country's production to 9 million barrels a day, about 10% lower than the average of the first half of 2023. The second factor was a positive view on demand, which had mostly surprised to the upside in the first half of 2023. The market indeed tightened in the third quarter and inventories drew sharply at the time. As a result, Dated Brant rallied and briefly reached $98 a barrel in late September. However, this was not to last in the fourth quarter. Demand disappointed, growth and non-OPEC supply remained relentless and inventories built again. Needless to say, these trends have been reflected in prices. Not only did spot prices decline, Dated Brant fell to about $74 a barrel in mid-December, but a number of other indicators, such as calendar spreads for example, signaled a broad weakening of the oil complex. Looking ahead, we expect a relatively precarious balance in 2024. Demand growth is set to slow as the post-Covid recovery tailwinds have largely run out of steam by now. Despite low investment in production capacity in recent years, the growth in non-OPEC supply is set to remain strong in 2024 and probably also in 2025, enough to meet all global demand growth. Naturally, this limits the room in the oil market for OPEC oil. When OPEC cuts production in response, as it has recently been doing, this puts downward pressure on its market share and upward pressure on its spare capacity. History warns of such periods. On several occasions when non-OPEC supply growth outpaced global demand, eventually, a period of lower prices was needed to reverse that balance. However, we argue that is not quite what lies ahead for 2024. OPEC cohesion has been robust in recent years and will likely continue this year. We expect the production cuts agreed to in late November 2023 to eventually be extended through all of 2024, and we don't exclude a further deepening of those cuts either. This would limit the pace of inventory builds in 2024, but probably not prevent them. In our base case projections, we still see inventories built modestly at a rate of about a few hundred thousand barrels a day this year, and our initial 2025 estimates also imply a modest oversupply next year. As a result, we see lower oil prices ahead, but again, not a large difference. We estimate Dated Brant will remain close to $80 a barrel in the first half of 2024, but may gradually decline towards the end of the year, trading in the low to mid $70s in 2025. That may also support our economists' call for inflation to moderate further this year. Thanks for listening. If you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.

Donate (no account necessary) | Subscribe (account required) In this episode, Bryan Dean Wright delves into the volatile global oil markets and their impact on consumers, China's declining birthrate and potential political consequences, and the growing draft evasion among Ukrainian men. The episode also addresses intriguing listener queries on conspiracy theories and Israel's nuclear capabilities. Wright's insights bring a unique perspective to these pressing global issues, emphasizing their interconnectedness with American interests.

Last Call examines whether the global race to pump oil is having harmful effects on investors.

The demand for oil is dropping globally due to the increased use of EVs! WWJ's John McElroy has more. 

- Milestone: U.S. EV Sales Top 1 Million - EVs Reducing Global Oil Demand - U.S. Mining Tied Up in Red Tape - GM Wants Workers Back in The Office - Lamborghini Adopts 4-Day Workweek - NIO Spins Off Battery Business - Bosch Using Generative AI in Manufacturing - VW Adds Bi-Directional Charging - Daimler Using Bus Batteries for Energy Storage

- Milestone: U.S. EV Sales Top 1 Million - EVs Reducing Global Oil Demand - U.S. Mining Tied Up in Red Tape - GM Wants Workers Back in The Office - Lamborghini Adopts 4-Day Workweek - NIO Spins Off Battery Business - Bosch Using Generative AI in Manufacturing - VW Adds Bi-Directional Charging - Daimler Using Bus Batteries for Energy StorageThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/3270299/advertisement

Are you ready to unravel the intricacies of the global oil market? Our guest for this episode, oil analyst Rory Johnston, guides us on a fascinating journey through the volatile world of oil prices and the implications of international politics on it. From the recent price surge, potential sanctions on Iran, to the possible easing of limitations on Venezuela, you'll get a front-row seat to the rollercoaster ride that is the oil market.We're also serving up a comprehensive analysis of oil market dynamics against the backdrop of major global events and economies. Uncover how the Israel-Hamas conflict has a bullish effect on the oil market and why China's strong demand for oil persists despite mixed economic signals. Plus, we're lifting the veil on the U.S Strategic Petroleum Reserve and its potential to offset a price spike.But that's not all. We're diving deep into the realm of refining, with an emphasis on crack spreads. Rory unravels the current gasoline oversupply phenomenon and the vital role of China's independent refineries in the market. Lastly, we're turning our attention to Venezuela and Iran, examining the potential benefits of a sanction reduction deal with Washington and the impact of tighter sanctions on Iran. Join us, and be enlightened on the complex interplay between geopolitics and the oil industry.ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at https://theleadlag.report/leadlaglive and get 30% off as a podcast listener.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

Welcome to another episode of Energy Sector Heroes! In this enlightening conversation, host Michelle Fraser connects with the accomplished Andrew Inkpen.Andrew holds the prestigious Seward Chair of Global Strategy at Thunderbird and actively contributes to executive education for major Energy Sector players. He's also a renowned author, with "The Global Oil & Gas Industry" being a favorite.In this episode, we delve into several compelling topics with Andrew. He shares insights on why engineers excel as senior managers, drawing from his extensive industry experience. We discuss the challenges engineers face as they advance in their careers and the importance of mentorship.As a seasoned expert, Andrew reflects on the evolving management styles in the Energy Sector and addresses the common question of whether being passed over for promotion is a sign to give up or an opportunity to persevere.Join us for this thought-provoking conversation with Andrew Inkpen, offering valuable career insights and wisdom.

Episode 3102: Gaza Braces For Ground Invasion; New Global Oil Market

Max Pearson presents a collection of this week's Witness History episodes from the BBC World Service. To mark 50 years since the global oil crisis, we're focusing on oil - from discovery to disaster. We hear from Dr Fadhil Chalabi, then the deputy secretary general of Opec (Organisation of the Petroleum Exporting Countries) about what happened during the 1973 crisis. Our guest Helen Thompson, Professor of Political Economy at Cambridge University, explains why oil became the lifeblood of industrial economies during the last two centuries. We also learn how Kazakhstan signed ‘the deal of the century' to become a fossil fuel powerhouse thanks to the Tengiz Oil Field. Plus, why in 1956, not everyone welcomed the discovery of oil in the Nigerian village of Oloibiri. We find out more about the devastating impact of one of the world's largest oil spills - when the Amoco Cadiz tanker ran aground off the coast of France in 1978. The wreck released more than 220,000 tonnes of crude oil into the sea. And finally, how an indigenous community in the Ecuadorian Amazon fought a court battle to protect their land from oil drilling – and won. Contributors: Dr Fadhil Chalabi – former deputy secretary general of Opec Professor Helen Thompson - Professor of Political Economy at Cambridge University Bruce Pannier - Central Asia news correspondent Chief Sunday Inengite – chief of Oloibiri, Nigeria Marguerite Lamour – former secretary to Alphonse Arzel, the mayor of Ploudalmézeau in France Jose Gualing - former Sarayaku president Ena Santi - Sarayaku community leader (Photo: Oil rig. Credit: Fairfax Media via Getty Images via Getty Images)

For this episode, we go to Ohio for a manufacturing story.  We explore the global oil and gas industry from an insider who knows the ropes. Our guest is Sandy Winans, Global Trade Compliance Manager for Altronic. You may not be familiar with Altronic if you are not connected with the industry, but they play an instrumental part (that's a pun) in how pipelines run safely. We speak with Sandy specifically about how Altronic, over the years, has contributed to improvements in the oil & gas industry that have benefited the environment.  It's quite fascinating.After you've listened, we would love to hear your thoughts and comments, which you can post at https://www.exportstoriespodcast.com/ or on our Facebook or LinkedIn pages. 

Join us on a journey through the intricate labyrinth of oil market dynamics in a post-COVID world, with our guest, the esteemed historian Ellen Wald. With her deep-rooted insights into the history of oil companies' operations in the Middle East, we dissect the current supply and demand scenario, elucidating Saudi Arabia's decision to prolong their voluntary oil production cut. We'll also scrutinize the likelihood of a supply crunch in the coming seasons and the illuminations it may cast on China's recovery.We take a turn into the realm of critical minerals, rare earths, and turbids, with China's dominance over their supply chain as our central plot. Uncover the layers of environmental and human rights violations linked to mining these minerals as we explore alternative sources and potential partnerships that may tilt the balance in favor of American interests. Be prepared for a revelation on South America's vast lithium and cobalt resources and the urgent need for stronger alliances in our neighborhood. Ending our discourse on a note of introspection, we scrutinize the impact of American policies on the supply of critical minerals and oil. The implications of tax incentives for buying cars powered by rare earths and other materials unavailable in the US come under our lens. As we consider the possible repercussions of an electric vehicle world heavily reliant on Chinese imports for rare earths, we look at how supply chain disruptions can have far-reaching impacts on everyday citizens. It's an eye-opening exploration that you can't afford to miss.ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.The Canadian Money RoadmapDiscover strategies to save, invest, and grow your money effectively.Listen on: Apple Podcasts SpotifyFoodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

In this podcast, David Ledesma discusses with Bassam Fattouh the latest trends in oil markets and assesses the key factors that are expected to shape market outcomes in the second half of the year and in 2024. They discuss the main factors behind the recent rise in oil price, the recent dynamics in physical differentials, the shifts in […] The post OIES Podcast – Global Oil Market Update appeared first on Oxford Institute for Energy Studies.

For decades, the global centre for oil trading has been Geneva, Switzerland. But Russia's war in Ukraine changed that. Sanctions have made it harder for western traders to move Russian oil. Now, traders are flocking to a new trading hub that has no restrictions on oil from Russia: the United Arab Emirates. The FT's energy correspondent Tom Wilson explains how this shift has helped the UAE replace Switzerland, and whether the global energy industry is shifting away from western economies. Plus, do you have your own burning questions about business or finance? Send us your questions and we may use them in a future show. Record a voice message here and we may even play it on the show: https://sayhi.chat/rmc2b Or, email Michela at michela.tindera@ft.com, or message her on Twitter at @mtindera07Update: A new version of this episode was uploaded on August 9, 2023 to correct that Fujairah is roughly an hour's drive east from Dubai, not west.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:How Dubai became ‘the new Geneva' for Russian oil tradeSwitzerland questions oil trader over sidestep of Russian sanctionsLetter: Energy trading is opaque — and that suits Big OilSwitzerland/Paramount: block loopholes which swerve oil sanctions- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Tom Wilson (@thomas_m_wilson) and Michela Tindera (@mtindera07)Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Dean Foreman, Chief Economist, Texas Oil & Gas Association joined Grayson Brulte on The Road to Autonomy podcast to discuss the global record demand for oil and the Texas economy.The conversation begins with Dean discussing the current state of the oil markets. In a nutshell they are deceptively tighter than relativity modest prices, of plus or minus $70 a barrel recently would indicate. – Dean ForemanEven though we are currently in a tight oil market, global oil demand is projected to increase to 102.7 million barrels per day in 2024 — a record high. If the economy stays on track and continues to hum along and not fall into a recession, the oil supply pressures could continue to mount. Historically in a rising rate environment, the demand for oil and commodities in general has decreased. This time however, we are seeing the demand for oil continuing to be strong. The increased demand for oil is primarily coming from emerging markets. We're seeing emerging markets drive the majority of economic growth this year, projected again over the next two years and hand-in-hand with that has come the energy demand to go with it. – Dean ForemanIf the demand for oil continues as projected, The United States can bring more supply online. In the United States, Texas currently produces 5.4 million barrels per day of oil. With global demand for oil increasing, Texas' economy has led the nation in economic growth for the last two quarters. Texas economy is growing at an average annual pace of 7.6%, more than 2.5 times the U.S. average. From January 2023 to April 2023, Texas generated $73.2 billion of state export revenues. When Texas does well, the U.S. does well. – Dean ForemanWith 43.6% of the oil in the United States being produced in Texas, the industry puts safe guards in place to protect against the potential impacts of hurricanes to ensure that oil can continue to flow. Wrapping up the conversation, Dean shares his outlook for the global oil markets and what he expects to see occur over the next quarter. Follow The Road To Autonomy on Apple PodcastsFollow The Road to Autonomy on Spotify Follow The Road To Autonomy on LinkedInFollow The Road To Autonomy on TwitterRecorded on Friday, July 7, 2023See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

While high oil prices at the end of last year drove down demand and freed up supply, this year many expect the market to tighten again. So why hasn't it tightened yet?----- Transcript -----Welcome to Thoughts on the Market. I'm Martijn Rats, Morgan Stanley's Global Commodity Strategist. Along with my colleagues, bringing you a variety of perspectives, today I'll discuss the outlook for the global oil market for the rest of 2023. It is Wednesday, June 21st at 3 p.m. in London. Last year saw severe tightness in most commodity markets. Demand still benefited from the post-COVID recovery, and supply was disrupted by the war in Ukraine. In many markets, prices had to rise to a level where demand destruction occurred. In the oil markets, that led Brent crude oil to rise to $130 a barrel, gasoline to $180 and diesel $190 a barrel. Those prices clearly did the trick. In response, the global economy slowed down and oil demand softened towards year end, resulting in a slight oversupply at market earlier this year. In recent months, however, the main narrative in the oil market has been a one of re-tightening into the second half. The market was clearly in surplus in the first quarter, but was widely expected to tighten again by the second half due to a combination of China reopening, continued recovery in aviation and downside risk to supply from Russia. Those factors should see the market balance in the second quarter and reenter a meaningful deficit in the third and fourth quarter, driving prices higher. In fact, that was also our expectation at the start orrf the year. However, if this was indeed to play out, we should see it by now. Given we are currently in June, the most actively traded Brent contract is the one for August delivery. North Sea oil delivered in August will typically arrive at a refinery around about September, with end products made from that crude oil such as gasoline, diesel and jet typically delivered to end customers by October. Therefore, the oil market is already trading the anticipated supply-demand balance deep into the second half. Yet the expected tightness has not yet emerged. This is not due to China's reopening, which has boosted oil demand broadly as expected. Already in March, Chinese refinery runs and its crude oil imports reached all time highs again. The recovery in aviation, and with that jet fuel consumption, is also broadly playing out as expected. Instead, most reasons for the weaker than expected oil market balance lie on the supply side. For starters, Russian exports have been remarkably resilient. The EU sanctions on the imports of Russian oil were widely expected to result in lower oil production from the country, but this has not materialized. On top, oil production from other non-OPEC countries have surprised to the upside. Notwithstanding low investment levels over the last few years, oil production has grown in a wide variety of countries, including the United States, but also Brazil, Canada, Argentina, Guyana, Colombia, Mexico, Oman and even China. As a result, oil production from non-OPEC countries has started to grow faster than global oil demand once again. When that is the case, the balance in the oil market can only be maintained if OPEC cuts production. And that is indeed what the producers group has been doing. OPEC already announced a production cut back in October of last year, and then again in April of this year, and again earlier this month. However, in doing so, OPEC loses market share to non-OPEC producers and it builds up spare capacity, both factors that typically end up weighing on oil markets. We still foresee a small deficit in the oil market in the third and the fourth quarter, but this is mostly a function of seasonality in demand and OPEC cuts. Those factors are not inherently bullish. If second half tightening does not play out, then market participants may need to consider what lies just beyond that. Our balances for early 2024 do not look so tight. Next year, demand will no longer be supported by another year of China reopening and aviation growth. There will still be supply growth in several non-OPEC countries, and seasonality, which is currently a tailwind, will turn into a headwind. There is still likely a period ahead when global GDP growth re-accelerates and the impact of little investment in new production capacity should start to bite. However, the cyclical and the structural outlook do not always align. Over the next six months, we see oil prices broadly stable at about $75 to $80 a barrel for Brent. What market participants find right in front of them is neutral rather than constructive. Thanks for listening. If you enjoyed the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.

Speakers:   Natasha Kaneva, Head of Global Oil and Commodities Research  Thomas Salopek, Global Cross Asset Strategy    In our 2023 Outlook last November, we forecasted that the oil market would be in surplus in 2023, with fair value for Brent averaging $84, but believed OPEC+ alliance would succeed in balancing the markets, thus scaling up our average price forecast for the year to $90. We no longer believe that to be the case and recently revised our average 2023 price from $90 to $81. We keep the rising price path unchanged, with inventories now starting to draw. Demand is running above expectations: absent a deep recession, global oil consumption will likely rise a solid 1.6 mbd in 2023. However, more than offsetting this, global oil supply is set to increase 2.2 mbd. It is becoming increasingly clear that high oil prices over the past two years did exactly what they are supposed to do—incentivize supply. Crucially, non-OPEC+ supply has been keeping up with global demand since the start of 2022, leaving the OPEC+ alliance having to cut production to balance the markets. Moreover, within the broader OPEC+ alliance, supply has been also rising outside the core members. Invariably, to make room for this supply growth, OPEC+ would need to cut more, were the alliance to adhere to the market management strategy.   This podcast was recorded on June 15, 2023. This communication is provided for information purposes only. Institutional clients can view the related reports at  https://www.jpmm.com/research/content/GPS-4431498-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

Oil prices ended May at their lowest point for over eight months, raising pressure on OPEC+ to implement another round of production cuts at its 3-4 June meeting. Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA), believes that the current tight fundamentals in the physical oil market do not provide a case for further OPEC+ production cuts, although the bearish macro environment does. On net, he believes the decision is finely balanced and will likely conclude by the group communicating a hawkish wait-and-see approach and not taking additional barrels off global markets. Disclaimer: www.mufgresearch.com (PDF)

We see no fundamental shift in the parameters of our forecast. Our supply-demand estimates point to a largely balanced market in January through April and a first deficit in May—a view confirmed by the latest IEA report which shows that after eleven months of builds, OECD commercial oil stocks drew 14 million barrels in February, followed by a hefty 56 mn bbls draw in March. With demand resilient and world oil supply set to fall starting from this month as wildfires shut in Canadian barrels and voluntary OPEC+ cuts take effect, we continue to project further tightening in the balances in the second half of the year. Consequently, our pricing model continues to screen $90 Brent, a target that remains our price forecast.   Speakers: Natasha Kaneva, Head of Global Oil and Commodities Research   This podcast was recorded on 19 May 2023. This communication is provided for information purposes only. Institutional clients can view the related report https://www.jpmm.com/research/content/GPS-4417827-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.

As oil data in 2023 shows that second-half tightening is less likely, it may be time to alter the narrative around the expected market for the remainder of the year.Important note regarding economic sanctions. This recording references country/ies which are generally the subject of selective sanctions programs administered or enforced by the U.S. Department of the Treasury's Office of Foreign Assets Control (“OFAC”), the European Union and/or by other countries and multi-national bodies. Any references in this recording to entities, debt or equity instruments, projects or persons that may be covered by such sanctions are strictly incidental to general coverage of the issuing entity/sector as germane to its overall financial outlook, and should not be read as recommending or advising as to any investment activities in relation to such entities, instruments or projects. Users of this recording are solely responsible for ensuring that their investment activities in relation to any sanctioned country/ies are carried out in compliance with applicable sanctions.----- Transcription -----Welcome to Thoughts on the Market. I'm Martijn Rats, Morgan Stanley's Global Commodity Strategist. Along with my colleagues bringing you a variety of perspectives, today I'll discuss how the 2023 global oil market story is changing. It's Tuesday, May the 9th at 4 p.m. in London. Over the last several months, the dominant narrative in the oil market was one of expected tightening in the second half. Although supply outstripped demand in the first quarter, the assumption was that the market would start to tighten from the second quarter onwards and be in deficit once again by the second half, which would lead to a rise in price. At the start of the year, this was also our thesis for how 2023 would play out. However, as of early May, it seems this narrative needs to change. The expectation of second half tightness was largely based on two key assumptions. One, that China's reopening would boost demand, and two, the Russian oil production would start to decline. By now, however, it seems that these assumptions have run their course and are in fact behind us. On China, both the country's crude imports and its refinery runs were already back at all time highs in March, leaving little room for further improvement. On Russia, oil production has fallen from recent peaks, but probably only about 400,000 barrels a day. From here, we would argue that it's becoming increasingly unlikely it will fall much further. The EU's crude and product embargoes have been in place for some time now. Russian oil that flows now will probably continue to flow. That raises the question whether the second half tightening thesis can still be sustained. After OPEC announced production cuts at the start of April, we argued that OPEC was mostly responding to a weakening in the supply demand outlook. Perhaps counterintuitive, but we lowered oil price forecasts already significantly at the time those cuts were announced. Still, with those cuts, we thought that the second half balances would be about 600,000 barrels per day undersupplied, and that that would be enough to keep Brent in the mid-to-upper $80 per barrel range. New data from this past month, however, has further chiseled away at this deficit, which we now project at just 300,000 barrels a day. This is in effect getting very close to a balanced market, and that limits upside to oil prices, at least in the near term. Even this modest undersupply now mostly depends on seasonality in demand and OPEC production cuts. However, when the second half arrives, oil prices will start to reflect expected balances for early 2024. In the first half of '24, seasonality may turn the other way and OPEC production cuts are scheduled to come to an end. Our initial estimate of 2024 balances showed the market in a small surplus, especially in the first half. Looking beyond the next 12 months, oil prices still have long term supportive factors. Demand is likely to continue to grow over the rest of the decade, while investment levels have been low for some time now. However, the structural and the cyclical don't always align, and this is one of those moments. The second half tightness thesis does not appear to be playing out, and we don't see much tightness in the period just beyond that either. We expect Brent oil prices to stay in their recent $75 to $85 per barrel range, probably skewed towards the bottom end of that range later this year when the market enters a period of seasonal softness again and OPEC's voluntary cuts come to an end. Thanks for listening. If you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.

Speakers  Natasha Kaneva, Head of Global Oil and Commodities Research Thomas Palmer, Vice President of US Food Producers and Food Retailers This podcast was recorded on Apr 28, 2023. Wholesale diesel price in NY Harbor fell 37% from year ago levels, spurring worries of an impending recession. But the weakness in the US demand for diesel—fuel used in everything from trucks to construction equipment—is not a new phenomenon. Similar to gasoline, we observe that American truckers have been driving more on less. Data show that while demand for petroleum diesel has stagnated, consumption of biofuels like biodiesel and renewable diesel has been growing. In 2022, biofuels accounted for 4% of total US diesel supply, a share that is projected to increase to 15% by 2030.   This communication is provided for information purposes only. Institutional clients can view the related reports at https://www.jpmm.com/research/content/GPS-4395279-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.  

What's happening in Guyana isn't just happening there. All over the globe, oil companies are racing to tap as many of the remaining fossil fuel reserves as they can. This week, we're joined by Rolling Stone reporter Jeff Goodell for a story about what the global oil rush looks like in another part of the world: Namibia. Read Jeff's story: https://www.rollingstone.com/politics/politics-features/oil-drilling-africa-destroy-wild-land-namibia-recon-investors-1234697088/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Speakers: Natasha Kaneva, Head of Global Oil and Commodities Research   This communication is provided for information purposes only. Institutional clients can view the related reports at https://www.jpmm.com/research/content/GPS-4389047-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.  

Brought to you on the Oil and Gas Global Network, the largest and most listened to podcast network for the oil and energy industry. Enjoying the show? Leave me a review here Don't forget to ask a question for our next First Friday Q&A. You ask the questions and we answer them. Have a question? Click here to ask. This week Mark and Paige cover First Friday Q&A Books Mentioned: -Fundamentals of Oil & Gas Industry for Beginners -Oil and Gas Production Handbook: An Introduction to Oil and Gas Production, Transport, Refining and Petrochemical Industry -Oil 101 -The Global Oil & Gas Industry: Management, Strategy and Finance -Fundamentals of Investing in Oil and Gas -Oil & Gas Production in Nontechnical Language -Project Finance for the International Petroleum Industry The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview  More from OGGN ...PodcastsLinkedIn GroupLinkedIn Company PageGet notified about industry events     Paige Wilson LinkedInMark LaCour Facebook | Twitter | LinkedIn

0:00 Intro 2:18 FAA 18:15 Davos WEF 20:08 Russia 26:15 OPERATION SANDMAN 51:10 Brian Festa   - Saudi Arabia declares willing to trade oil in currencies other than the dollar - Operation Sandman has begun, and the dominoes will now begin to fall - US dollar will head down path of hyper-devaluation as dollars flood back to the USA - Those people left holding dollars instead of real assets will be wiped out - Was the FAA subjected to a ransomware cyber attack that grounded all flights? - The incompetent, illegitimate Biden regime can't protect America's infrastructure - China already has a MAP of all cyber vulnerabilities across US infrastructure - Russia preparing for major offensive against Ukraine and NATO targets - Russia confirms it is facing an existential threat; will likely target NATO bases - WEF leaders and attendees were likely told they might be targeted by missiles - China set to coordinate cyber attacks with Russia's kinetic attacks - The era of western dominance over the world is coming to an end - Russia to boost standing army to 1.5 million troops - mobilization under way - Western nations begin sending tanks to Ukraine - Ukraine cannot effectively deploy COMBINED ARMS, so the tanks hardly matter - The world of low cost consumer goods is OVER - global supply chains will crater For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com

In a special episode of The Chris Cuomo Project, Chris responds to listener calls about changes to the U.S. electoral system, the Special Counsel investigating Donald Trump, the global oil market, a counterfeit Chris Cuomo, and more. If you'd like to ask Chris a question, call (516) 412-6307. Leave your name, location, phone number, email address, and your brief question, and it may be addressed in an upcoming show. Follow and subscribe to The Chris Cuomo Project on Apple Podcasts, Spotify, and YouTube for new episodes every Tuesday.

With an eventful year for the oil market behind us, what are the factors that might influence the supply, demand, and ultimately the pricing of oil and gas in 2023?----- Transcript -----Welcome to Thoughts on the Market. I'm Martijn Rats, Morgan Stanley's Global Commodity Strategist. Along with my colleagues, bringing you a variety of perspectives, today I'll discuss some of the key uncertainties that the global oil market will likely face in 2023. It's Monday, January 9th at 3 p.m. in London. Looking back, 2022 was an eventful year for the oil market. The post-COVID demand recovery of 2021 continued during the first half and by June demand was back to 2019 levels. For a brief period the demand recovery appeared complete. Over the same period non-OPEC supply growth mostly disappointed, OPEC's spare capacity declined and inventories drew. Which eventually meant that oil markets had to start searching for the price level where demand destruction kicked in. Eventually, this forced prices of key oil products such as gasoline and diesel, to record levels of around $180-$290 a barrel in June. Clearly, those prices did the trick. Together with new mobility restrictions in China, aggressive rate hikes by central banks and rising risk of recession, particularly in Europe, they effectively stalled the oil demand recovery. And by September, global oil demand was once again below September 2019 levels. By late 2022, brent prices that retraced much of their earlier gains and other indicators, such as time spreads and refining margins, had softened too. Now, looking into 2023 we don't see this changing soon. Counting barrels of supply and demand suggest that the first quarter will still be modestly oversupplied. Also, declining GDP expectations, falling PMIs and central bank tightening are still weighing heavily on the oil market today. Eventually, however, we see a more constructive outlook emerging, say from the spring onwards. First, we expect to see a recovery in aviation. Global jet fuel consumption is still well below 2019 levels, and we think that a substantial share of that demand will return this year. Another key development will be China's reopening. At the end of 2022 China's oil demand was still well below 2020 and 2021 levels, held back by lockdowns and mobility restrictions. We expect China's oil demand to start recovering after the first quarter of this year. Shifting over to Europe and the EU embargo on Russian oil, as of last November, the EU still imported 2.2 million barrels a day of Russian crude oil and oil products. Now, especially after the EU's embargo on the import of oil product kicks in, which will be on February 5th, Russia will need to find other buyers and the EU will need to find other suppliers for much of this oil. Now, some of this has already been happening, but the full rearrangement of oil flows around the world as a result of this issue will probably not be full, smooth, fast and without price impact. As a result, we expect that some Russian oil will be lost in the process and Russian oil production is likely to decline in coming months. In the U.S., capital discipline and supply chain bottlenecks have already held back the growth in U.S. shale production. However, well performance and drilling inventory depth are emerging additional concerns putting further downward pressure on the production outlook. Eventually, the slowdown in U.S. shale will put OPEC in the driver's seat of the oil market. Also last year saw an unprecedented release of oil from the U.S. Strategic Petroleum Reserve. But this source of supply is now ended and the U.S. Energy Department will likely start buying back some of this oil in coming months. Finally, investment in new oil and gas production is rebounding, but it comes from a very low base and the recovery has so far been modest. Much of it is simply to absorb cost inflation that has also happened in the industry. In other words, the industry isn't investing heavily in new oil production, which has implications for the longer term outlook for oil supply. Eventually, we think these factors will combine in a set of tailwinds for oil prices. If we are wrong on those, the market would be left with the status quo, which would be neutral. But we believe that these risks will eventually skew positively later in 2023. We expect the oil market to return to balance in the second quarter, and be undersupplied in the second half of this year. With a limited supply buffer only, we think brent will return to over $100 a barrel by the middle of the year. Thanks for listening. If you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.