Oil prices have plummeted in recent months due to slowing global demand, increased North American supply, and Saudi Arabia’s shifting priorities. In the United States, shale oil has been a significant driver of production based on innovation and efficiencies. Nonetheless, lower prices are resulting in sharply lower cash flows, forcing greater capital discipline for oil producers, while consumers enjoy the benefits of cheaper fuel prices. Research Analysts, Peter Hunsberger and Eugene Krishnan, discuss the current state of the oil market and the investment implications in a low oil price world.

Featured Speakers

Peter C. Hunsberger

Managing Director, Research Analyst

Peter Hunsberger is a Managing Director and Research Analyst covering the power sector. He began working in the investment field in 1989. Prior to joining Lazard in 1991, Peter served as Director of Research with John S. Herold, Inc. and was also previously with Hunt Oil Company. He has an MBA from Houston Baptist University and a BA from Middlebury College.

Eugene KrishnanSenior Vice President, Portfolio Manager/AnalystEugene Krishnan is a Senior Vice President and Portfolio Manager/Analyst on the US Small-Mid Cap Equity team. He began working in the investment field in 1998. Eugene rejoined the firm in 2012, after previously serving as a Research Analyst from 2001 to 2009. Prior to joining Lazard in 2001, Eugene co-founded Carpe Diem Innovations, an incubator for Fortune 500 new ventures, and worked as a strategy consultant at PricewaterhouseCoopers. He has a BS in Chemical Engineering from Columbia University.