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Payam Hashempour
An expert contributing to discussions on the oil supply and demand landscape.
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Aug 15, 2024
• 21min
Can OPEC+ hold its nerve on supply as demand stutters?
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Nick Coleman from S&P Global Commodity Insights and Payam Hashempour, an oil supply expert, delve into OPEC+'s strategy amid changing demand. They discuss the nuances of OPEC's decision to reintroduce crude oil despite a dip in prices and softer projections for 2024. The duo highlights geopolitical factors disrupting oil markets, the challenges posed by oversupply, and the compliance issues within OPEC+ members. They also touch on how Asian demand for Iranian and Russian crude is reshaping global trade dynamics.
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