Session Details

Oil Market Outlook: Will the cycle of surplus continue?

Tuesday, March 10

11:30 am - 12:30 pm

Since 2013 the global oil market has been in a cycle of supply surplus, with prices falling five out of the past seven years. The Vienna Alliance has entered a fourth year of production restraint just as a cast of non-OPEC countries is beginning a period of production growth, offsetting decelerating gains from the United States. And now the impact of the coronavirus is leading to the first quarterly decline in world oil demand since the 2008/09 financial crisis. What is the outlook for the oil market as China begins to recover?

Session Speakers
  • James Burkhard

    IHS Markit

    Vice President, Oil Markets, Energy & Mobility

  • Adam Sieminski

    King Abdullah Petroleum Studies and Research Center

    President

  • Ayed S. Al-Qahtani

    Organization of the Petroleum Exporting Countries (OPEC)

    Director of Research Division

  • Ben Luckock

    Trafigura Pte Ltd

    Co-Head of Oil Trading

  • Francis R. Fannon

    United States Department of State

    Assistant Secretary for the Bureau of Energy Resources (ENR)

  • Colin Fenton

    Tudor, Pickering, Holt & Co.

    Chairman, TPH Commodities