• CERAWEEK
  • March 10 - 14, 2025

Frederic Lasserre

Gunvor Group

Global Head of Research & Analysis

Frederic Lasserre is heading GUNVOR Research & Analysis team, a team of 30 oil market analysts, quants and data managers. Frederic joined GUNVOR in September 2020 as Global Head of Research & Analysis coming from TOTAL OIL TRADING (TOTSA) where he had held a similar position since 2016. Frederic started his career at SOCIETE GENERALE Corporate & Investment Banking as an oil analyst. He has then built-up and managed SOCIETE GENERALE’s commodity research team for 12 years. Frederic holds a Bachelor in Applied Mathematics from the University of Bordeaux (France), a Master in Banking & Finance from the University of Birmingham (UK) and a PhD in Economics from the University of Bordeaux (France).

Sessions With Frederic Lasserre

Tuesday, 19 March

  • 11:50am - 12:40pm (CST) / 19/mar/2024 04:50 pm - 19/mar/2024 05:40 pm

    Oil Markets in 2024-2025: Abundance or scarcity?

    Markets Fundamentals

    Oil markets are entering a new “normal” phase. Demand growth is cooling from the post-Covid surge and will be shaped by global economic growth, inflation, interest rates, China and a gradual but profound structural shift in the transportation fleet. While demand growth is cooling, non-OPEC supply growth is rising sharply, leading OPEC+ to reduce output to rebalance the market. At the same time, the war in Ukraine and outbreak of conflict in the Middle East has injected significant geopolitical risk into the market. How will these new oil fundamentals develop over the next two years?