The Business Brew cover image

Arvind Sanger - The Sustainable Energy Transition

The Business Brew

CHAPTER

The Future of Oil and Gas

Last year, I heard a lot of calls for oil at 200. And here we are, I think it was like 68 today and that's within 35% or whatever of the five year average. The reality is a couple of surprises. Russia has not lost any production. Iran has been able to get more production back in beating their sanctions. Demand from China may not be up to expectation but it's still going to continue maybe at a slow pace. US demand is not going anywhere. It has maybe taken a breather here because of whatever slowdown but I think to us demand is pretty stable so we'll seeI'm bullish on oil but I'm not betting on any big move for.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner