The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.
All content for Oil & Gas Journal ReEnterprised is the property of Endeavor Business Media and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.
Market Focus: Risks remain high - a midyear look at the global oil market
Oil & Gas Journal ReEnterprised
8 minutes 35 seconds
4 months ago
Market Focus: Risks remain high - a midyear look at the global oil market
In this Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, Managing Editor, Economics, takes a midyear look at the global oil market, noting developments thus far with a look at what may lie ahead.
Global crude inventory has been building steadily year-to-date. In an apparent oversupply, price action has a followed the fundamentals.
Market sentiment has been shaped by three major forces: escalating macroeconomic uncertainties surrounding the US and China, OPEC+'s evolving production strategy, and political risks amid military conflicts in the Middle East.
In short, we are in a market where risks remain high. Barring unexpected disruption or major policy reversal, oil price momentum could continue to drift sideways through this year's third quarter.
Oil & Gas Journal ReEnterprised
The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.
