Wayne Tan

Wayne Tan, Head of Oil Markets Research at BloombergNEF, dives into the impact of recent tariffs on global oil demand. He discusses how U.S. business sentiment has plunged alongside shifting GDP expectations, affecting overall oil consumption. Tan highlights the rapid decrease in China's gasoline demand due to government policies supporting electric vehicles. With OPEC+ looking to increase production amidst these challenges, he sheds light on the complex dynamics shaping the future of oil markets.