State of the Oil Market
U.S. Energy Information Administration (EIA)
President & Principal Energy Markets Consultant, RBN Energy
Executive Vice-President of Turner, Mason & Company
Senior Editor, Energy Intelligence Group
Senior Vice President & James R. Schlesinger Chair
for Energy & Geopolitics, CSIS
A month into the new year, oil and gas markets, companies, and lenders are off to a turbulent start, in many ways continuing trends from over the past 18 months. Despite the risk of supply disruptions around the globe and the most recent uptick in oil prices, resilient production, especially from the United States, Saudi Arabia, Russia, and Iraq, combined with the reentry of Iranian volumes, a strong dollar, abundant inventories, and the uncertainty surrounding new demand growth are likely to sustain low prices well into this year.
To preview what 2016 may look like, the CSIS Energy and National Security Program is pleased to invite you a public session on the state of the oil market. The panel will discuss updated forecasts of supply and demand, the outlook for U.S. unconventionals production, and the implications for the midstream and refining sector.