Carole Nakhle

Economist Carole Nakhle, CEO of Crystol Energy, dives into the tumultuous landscape of oil markets and geopolitical tension. She breaks down how Venezuela's oil reserves face significant hurdles for production despite their size. Iran’s unpredictable political climate could flip the oil market overnight, adding to global uncertainty. The discussion illustrates how a booming stock market contrasts sharply with everyday economic struggles, emphasizing the imbalance between asset holders and workers, and the crucial role of energy in shaping our economic future.

Carole Nakhle, President of the Arab Energy Club and CEO of Crystol Energy, shares insights on OPEC+ policies and the impacts of geopolitics on oil prices. Daniel Richards, a MENA economist with Emirates NBD, analyzes the macroeconomic pressures facing Gulf states amid fluctuating oil revenues. Jose Chalhoub, a policy and energy analyst, discusses the intricate dynamics of Venezuela’s oil market under sanctions. Together, they explore critical factors influencing Brent crude's stability and the strategies needed for OPEC economies amidst global shifts.

Dr. Carole Nakhle, founder and CEO of Crystol Energy, discusses the idea of energy addition—new low-carbon sources complementing fossil fuels instead of replacing them. John Gilley, CEO of Kent, highlights the challenges and strategies for balancing affordability with climate goals. Clay Siegel from CSIS emphasizes the lasting demand for oil and gas and the implications for global energy security. They explore AI's role in optimizing energy operations and discuss how industry shifts align with geopolitical trends, all while addressing the reality of ongoing emissions.