Gulf Intelligence Podcasts

“Sell in May and Go Away”: Where does one Find certainty in the oil markets to Buy at all in 2024?

Listen to the insights of Dr. Amrita Sen, Co-Founder & Head of Research, Energy Aspects  

Higher for Longer or is it: What Impact will end of rate tightening cycle have on East-of-Suez Oil Storage Industry in 2024 and Beyond – Winners & Losers?

The additional costs of storing oil during a period of sustained high interest rates are stark. Take a two-million barrel cargo with prices at, say, $80 a barrel. Based on an interest-rates at 5%, it would cost a trader an $8 million per year in financing to hold onto the consignment. Oil refiners, who buy crude and then sell fuels like gasoline and diesel at a later date, also see their profits squeezed by higher financing costs. It all serves to increase the chances of the world having to get used to lower levels of oil inventories. The disincentive to store is doubled when later oil prices are trading at a discount to nearby ones — a structure known as backwardation, that is present at the moment —because it means traders are forced to sell barrels they had stored at a loss.

Listen to the insights of Michiel Gilsing, Member of Executive Board & CFO, VOPAK

INDUSTRY PANEL

“Think Global, Act Local”: The Gulf Economies & their National Energy Industries are Focused on Reversing this old North Star – Outlook for 2024 and Beyond? 

Listen to the insights of Peter Zeilinger, SVP, Middle East and Africa, OMV; Kieran Gallagher, Managing Director, Vitol Bahrain E.C; Robin Mills, CEO, Qamar Energy; Simon Williams, Chief Economist – MENA, HSBC

OPEC PANEL

GONE IN 60 SECONDS: Why have OPEC+ Supply

Listen to the insights of Amena Bakr, Deputy Bureau Chief, Energy Intelligence; Yousef Alshammari, CEO & Head of Energy Research, CMarkits &Senior Research Fellow, Imperial College London; and Paul Hickin, Editor in Chief, Petroleum Economist

ENERGY SECURITY PANEL  

Everyone was convinced Israel’s War in Palestine was No Threat to Oil & Gas Flows until It Was: What possible Risks are we Not seeing in 2024 for MENA Energy Exports as Old Foes try maintain New Rapproachments? 

Listen to the insights of Danial Rahmat, Senior Energy Security Consultant, Iran; Laury Haytayan, MENA Director, National Resource Governance Institute; and Kate Dourian, FEI, MEES

What is the Outlook for Asian Energy Demand in 2024 as China Stuck in the Doldrums? 

Healthy domestic demand saved Asia in 2023 as services remained healthy despite weak external demand holding back manufacturing – how will this paradigm play out in 2024?

Listen to the insights of Peter McGuire, CEO, XM Australia; Vibhuti Garg, Director – South Asia, IEEFA; and Ram Narayanan, Director/ VP - Strategic Market & Business Development, Vedanta

What is the Outlook for Asian LNG Demand to Reclaim its Global Supremacy in 2024?

Listen to the insights of Yiyong He, Founder and CEO, LNG Easy; Yuriy Humber, Founder, Japan NRG & President, Yuri Group; and Marc Howson, Head of Asia, Welligence Energy Analytics

What is the Appetite across Asia for the Russian Gift that Keeps on Giving in 2024?

Listen to the insights of Narendra Taneja, India’s Leading Energy Expert; Osama Rizvi, Energy & Economic Analyst, Primary Vision Network; and Vandana Hari, Founder & CEO, Vanda Insights.

Can OPEC+ Rely on Chinese Oil Demand to Save the Day in 2024?

Listen to the insights of Victor Yang, Senior Editor, JLC Network Technology; Clyde Russell, Asia Commodities & Energy Columnist, Reuters; and Serena Huang, Head of APAC Analysis, Vortexa.

S&P Global Commodities Joins the IEA in Forecasting Peak Oil Demand to Arrive as Early as 2030: What, Where, When & Why?

The global demand for crude oil is expected to see its peak in 2030 at 112 million barrels a day mark with India and Africa to be major contributors, S&P Global Commodity Insights reported in December 2023 – two months after the IEA were criticized heavily by OPEC for predicting a similar peak date. The current global demand of crude oil is at 103 million barrels per day, and India and Africa will be the major contributors to the 8.7% increase in demand by 2030 as industrial activities will pick up in the Global South region, S&P said.

Listen to the insights of Paul McConnell, Executive Director, Climate and Sustainability, S&P Global Commodity Insights