The Daily Energy Markets Podcast continues the conversation with a focus on views from the Asian markets. Listen in with Narendra Taneja, India's Leading Energy Expert; Laury Haytayan, MENA Director, Natural Resource Governance Institute; and Clyde Russell, Asia Commodities & Energy Columnist, Thomson Reuters. Brent Crude Oil Prices have averaged around $82 Year to date through August - what will they average over remaining of the year: Closer to $85 / $80 / $75/ $70? Have your say: https://x.com/gulf_intel/status/1831586241248182684

Oil has now wiped out all this year’s gains - what is the main trigger: Opec+ to raise supply; China's weak demand; Fed to start cutting; US eco slowdown? Neil Atkinson, Former Head of Oil Markets Division, International Energy Agency; Vandana Hari, Founder & CEO, Vanda Insights; and Jamie Ingram, Senior Editor, Middle East Economic Survey, weighed in their views in today’s Daily Energy Markets Podcast. Have your say here: https://x.com/gulf_intel/status/1831225095907430760

Catch up with Mike Muller, Head of Vitol Asia, with Christof Rühl, Senior Research Scholar at Center on Global Energy Policy in Columbia University in this special edition of the Daily Energy Markets Podcast, taking a deeper dive on the outlook ahead in the coming months.

Dr. Charles Ellinas, CEO, Cyprus Natural Hydrocarbons Co. & Senior Fellow, Global Energy Center - Atlantic Council; Laury Haytayan, MENA Director, Natural Resource Governance Institute; and Mike McGlone, Senior Macro Strategist, Bloomberg Intelligence, shared their insights on East Med gas prospects, Iran geopolitics, and US oil production outlook, among others. Your thoughts on today’s survey: Brent Crude Oil climbed 10% in 1st half of Q1 - - what will it do in 2nd-half of Q1? https://twitter.com/gulf_intel/status/1759838570607444218

The Daily Energy Markets Podcast kicked off the week with views from Omar Najia, Global Head, Derivatives, BB Energy; Dr. Sara Vakhshouri, Founder & President, SVB Energy International; and Amena Bakr, Senior Research Analyst, Energy Intelligence. The call discussed the direction of travel for oil markets, views on discrepancies in international agencies’ outlook, and Saudi Arabia’s recent decision to halt oil capacity expansion plans. Tourism revenues in China during the Lunar New Year holidays that ended on Saturday surged by 47.3% year-on-year and surpassed 2019 levels -- will this be the trigger to reignite Chinese economy and drive prices to $90 by end of Q1: YES/NO? Vote here: https://twitter.com/gulf_intel/status/1759474507838849209

The Daily Energy Markets Podcast capped the week with views from David Fyfe, Chief Economist, Argus Media; Andrew Laven, Senior Partner, E-Cons; and Danial Rahmat, Senior Energy Security Consultant, Iran, on their outlook for the global economy, oil majors’ investment, and sentiments from Iran. Will oil prices fall as we see some G7 countries dip into technical recessions: YES/ NO? Vote here: https://x.com/gulf_intel/status/1758383634996920694?s=20

Mehmet Öğütçü, Group CEO, Global Resources Partnership & Chairman, London Energy Club; Dr. Carole Nakhle, Chief Executive Officer, Crystol Energy; and Neil Atkinson, Former Head of Oil Markets Division, International Energy Agency shared their insights on key trends in the Daily Energy Markets Podcast and discussed the outlook for China, FED rate cuts, and divergence on international energy agencies’ oil demand forecast, among others. Share your thoughts by participating in today’s survey: What are the chances that Israel's War on Gaza could still spillover into a regional conflict threatening energy supplies from Mideast: 1. close to zero; 2. close to 25%; 3. close to 50%; OR 4. closer to 75%? Vote here: https://x.com/gulf_intel/status/1758023321180832109?s=20

IEA (1.2) & OPEC (2.2) are 1mbpd apart in 2024 oil demand growth forecast - who is most accurate? Vote here: https://x.com/gulf_intel/status/1757658606789378470?s=20 The Daily Energy Markets Podcast dug into the question of oil demand, Middle East geopolitical risks, and energy transition, among others. Take your notes today from Omar Al-Ubaydli, Director of Research, Bahrain Center for Strategic International & Energy Studies; Kate Dourian, FEI, MEES Contributing Editor & Non-Resident Fellow, The Arab Gulf States Institute in Washington; and Bill Spindle, Senior Global Correspondent, Cipher News.

Saudi energy minister asked on Monday "Why should we be the last country to hold emergency oil capacities when it is not recognized?" -- should global markets start preparing for a world with no swing producer? YES/NO What’s your view? Vote here: https://x.com/gulf_intel/status/1757299115812106420?s=46&t=bPS3ZRY-6mxD_M0rYqR1qg Peter McGuire, CEO, XM Australia; Walter Simpson, Managing Director, CCED; and Ram Narayanan, Director/ VP - Strategic Market & Business Development, Vedanta, weighed in their views in today’s Daily Energy Markets Podcast.

The Daily Energy Markets Podcast kicked off this Monday morning with Omar Najia, Global Head, Derivatives, BB Energy; Brian Pieri, Founding Member, Energy Rogue; and Clyde Russell, Asia Commodities & Energy Columnist, Thomson Reuters, sharing their views on the direction of travel for oil prices and outlook for US and China markets. Would pause/end of Israeli war on Gaza be Bullish or Bearish for oil prices? Vote here: https://x.com/gulf_intel/status/1756935082613325937?s=20

Mukesh Sahdev, SVP, Head of Downstream/Oil Trading, Rystad Energy; Jay Maroo, Head of Market Intelligence and Analytics MENA, Vortexa; and Marc Ostwald, Chief Economist & Global Strategist, ADM Investor Services International, capped the week’s discussion on the direction of travel for oil markets in today’s Daily Energy Markets Podcast. Andrew Critchlow, Head of News - EMEA, S&P Global Commodity Insights moderated the conversation. How long do you see the conflict in the Red Sea continuing? Vote here: https://x.com/gulf_intel/status/1755846710595551654?s=20

Take your daily dose of energy insights from today’s conversation with Ahmed Mehdi, MD, Renaissance Energy Advisors and Visiting Fellow, OIES; Arne Lohmann Rasmussen, Chief Analyst and Head of Research, Global Risk Management; and Andrew Critchlow, Head of News, EMEA, S&P Global Commodity Insights, in the Daily Energy Markets Podcast. Is it time for EUROPE to start planning a post-Ukraine War Energy policy? Vote here: https://x.com/gulf_intel/status/1755487590365491290?s=20

The Oil markets have absorbed the shipping disruption in Red Sea: AGREE /DISAGREE? Share your view by voting here: https://twitter.com/gulf_intel/status/1755123632353718377 On other updates in commodities, LNG and upstream investments, hear from Ole Hansen, Head, Commodity Strategy, Saxo Bank; Yiyong He, Founder & CEO, LNG Easy; and James McCallum, CEO & Chairman, Xergy Group, Professor of Energy, Strathclyde University, in today’s Daily Energy Markets Podcast.

Hear it from Dr. Raad Alkadiri, Non-Resident Fellow, Center for Strategic & International Studies; Livia Gallarati, Senior Oil Markets Analyst, Energy Aspects; Victor Yang, Senior Analyst, JLC Network Technology, as we cap the week’s Daily Energy Markets Podcast. Paul Hickin, Editor-in-Chief, Petroleum Economist moderated the conversation.

The number of Russian crude oil cargoes carried on Greek ships has collapsed since the US Treasury began to tighten sanctions - from 40 last May to just 8 in Jan - will Russian crude exports be reduced in H1 due to tighter sanctions enforcement: YES/NO? Vote here: https://x.com/gulf_intel/status/1754762893575196686?s=20 Catch up with Ali Al Riyami, Consultant & Former Director General of Marketing, Ministry of Energy & Minerals, Oman; Maleeha Bengali, Founder, MB Commodity Corner; and Salih Yilmaz, Senior Energy Equity Analyst, Bloomberg Intelligence, in today’s Daily Energy Markets Podcast.

What will have a bigger bearing on direction for oil prices through rest of Q1 - the outlook for: 1. Geopolitical Premium; 2. FED Interest Rates; 3. OPEC+ Supply Cuts; OR 4. None of the Above? The discussion continues this Monday morning with Omar Najia, Global Head, Derivatives, BB Energy; Victor Yang, Senior Analyst, JLC Network Technology; and Henning Gloystein, Director - Energy, Climate & Resources, Eurasia Group, in today’s Daily Energy Markets Podcast.

What will have a bigger bearing on direction for oil prices through rest of Q1 - the outlook for: 1. Geopolitical Premium; 2. FED Interest Rates; 3. OPEC+ Supply Cuts; OR 4. None of the Above? Mike Muller, Head of Vitol Asia and Christof Rühl, Senior Research Scholar at the Center on Global Energy Policy, Columbia University, weighed in their views during the Daily Energy Markets’ Month in Review and Outlook Ahead Podcast.

Non-OPEC production and market share will be the predominant concern for OPEC+ in 2024: Agree OR Disagree? Vote here: https://x.com/gulf_intel/status/1753312037445202229?s=20 Catch up on the energy markets conversation with Adi Imsirovic, Director, Surrey Clean Energy & Senior Associate, CSIS; Narendra Taneja, India's Leading Energy Expert; and Richard Redoglia, CEO, Matrix Global Holdings, in today’s Daily Energy Markets Podcast.

Neil Atkinson, Former Head of Oil Markets Division, International Energy Agency; Mike McGlone, Senior Macro Strategist, Bloomberg Intelligence; and Anish Kapadia, Director and Head of Energy, Palissy Advisors, shared their outlook on market fundamentals in today’s Daily Energy Markets Podcast, and also on their views on today’s Survey: How much Geopolitical Premium from Middle East supply risk is already bedded into the oil price - Over $5; Less than $5; OR None? Share yours by voting here: https://x.com/gulf_intel/status/1752948939043606920?s=20

Brent crude oil averaged around $78 a barrel in January. What do you think it will average in February? Closer to $70/$75/$80/$85 Share your views by voting here: https://x.com/gulf_intel/status/1752585899261448635?s=20 Hear insights from Laury Haytayan, MENA Director, Natural Resource Governance Institute; Peter McGuire, CEO, XM Australia; and Paul Hickin, Editor-in-Chief, Petroleum Economist.

The Daily Energy Markets Podcast took views of energy markets analysts on key trends of the day – from Saudi Arabia’s decision to keep its 12mn b/d production to the impact of attacks in the Red Sea to tanker and freight rates, as well as to GCC economies. Listen to Sara Akbar, Chairperson & CEO, OiLSERV, Kuwait & Non-Executive Director, Petrofac; Michelle Wiese Bockmann, Principal Analyst, Lloyd's List Intelligence; and Daniel Richards, MENA economist, Emirates NBD. For our Daily Survey: Will US retaliation to weekend attack/fatalities in Jordan be of a scale that will drive oil prices higher – Yes or No? Vote here: https://twitter.com/gulf_intel/status/1752230503699108150

From an oil markets perspective, has the massive Israeli assault on Gaza over last 3+ months now escalated to a regional conflict: YES or NO? Our energy markets and geopolitical analysts weighed in their views in today’s Daily Energy Markets Podcast. Hear from Omar Najia, Global Head, Derivatives, BB Energy; Kate Dourian, FEI, MEES Contributing Editor & Non-Resident Fellow, The Arab Gulf States Institute in Washington; and Dr. Tom Walsh, Lecturer in International Relations and Politics, Northumbria University Newscastle. Share your views here by voting: https://x.com/gulf_intel/status/1751859717356257298?s=20

Listen to James Reeve, Chief Economist of Jadwa Investment, in this Half-Time Talk Feature Interview, a mid-week analysis of the Daily Energy Markets Series.

Max Torres, Managing Partner, Plata Energy; Scott Livermore, Chief Economist, Oxford Economics Middle East; and David Elward, Senior Pricing Analyst, General-Index, shared their energy outlook in today’s Daily Energy Markets Podcast. The topics focused on oil and gas supply from LATAM, Middle East economies, and aviation fuel demand and price direction.

Ali Al Riyami, Consultant & Former Director General of Marketing, Ministry of Energy & Minerals, Oman; Adi Imsirovic, Director, Surrey Clean Energy & Senior Associate, CSIS; and Peter McGuire, Chief Executive Officer, XM Australia, weighed in their views, considering policy outlook and market demand insights, in today’s Daily Energy Markets Podcast.

The Daily Energy Markets Podcast kicked off the week with comments from Omar Najia, Global Head of Derivatives, BBEnergy; Bora Bariman, Managing Partner, Hormuz Straits Partnership; and Andy Laven, Senior Partner, E-Cons. The dampening outlook on rate cuts coming in first half of 2024 will be bullish or bearish for oil prices: Bullish or Bearish? Share us your view by voting here: https://x.com/gulf_intel/status/1749318572218728695?s=20

Oil prices remain stable because the risk of unplanned escalation leading to a major confrontation disruption of oil and gas supplies from MIDEAST to Europe or Asia remains relatively low? AGREE /DISAGREE? Dr. Charles Ellinas, CEO, Cyprus Natural Hydrocarbons Co. & Senior Fellow, Global Energy Center - Atlantic Council; Matthew Wright, Senior Freight Analyst, Kpler; and Osama Rizvi, Energy & Economic Analyst, Primary Vision Network weigh in their views in today’s Daily Energy Markets Podcast. Share your thoughts here by voting: https://x.com/gulf_intel/status/1747876344774467841?s=20

What will be top of mind for OPEC+ at the start of this year as it decides on output levels? 1. China Demand 2. Non-OPEC production 3. Central bank policy? Mukesh Sahdev, SVP, Head of Downstream/Oil Trading, Rystad Energy; Paul Horsnell, Head of Commodities Research, Standard Chartered Bank; and Jamie Ingram, Senior Editor, Middle East Economic Survey, shared their views in today’s Daily Energy Markets Podcast. Add your voice here: https://twitter.com/gulf_intel/status/1747515152285438363

Omar Najia, Global Head, Derivatives, BB Energy; Nur Azlin Ahmad, Editor, Crude Oil, Argus Media; and Ali Al Riyami, Consultant & Former Director General of Marketing, Ministry of Energy & Minerals, Oman, kicked off the week with their outlook on the direction travel for oil markets. You can also share your views on today’s question: Do you expect the disruption of shipping lanes around Red Sea to get better or worse with US/UK attacks on the Houtis? WORSE or BETTER? Click here to vote: https://x.com/gulf_intel/status/1746789563077443798?s=20

Jorge Montepeque, Founder and President of Global Markets and Sean Evers, Managing Partner, Gulf Intelligence wrapped up the day with a review of the outlook that emerged from each session of the Global Energy Outlook Forum 2024.

LATAM Oil Supply: Will 2024 be the year that sees the Latino Golden Goose finally Return to its Natural Cruising Altitude?

Listen to the Insights of Aldo Flores-Quiroga, Former Deputy Secretary of Energy for Hydrocarbons, Mexico’s Ministry of Energy & Senior Advisor, FTI Consulting; Carlos Garibaldi, Executive Secretary, Association of Oil, Gas & Renewable Energy Companies of LATAM & the Caribbean; and Jose Chalhoub, LATAM Consultant, Azur Global Consulting & Venergy Global

Will the Real America Please Stand Up: US Oil & LNG Output Hit Records in the Year of the IRA & COP28 – What’s Next for Green Washing’ton?

Listen to the Insights of Rob Barnett, EMEA Lead of Energy & Commodity Research, Bloomberg; Bill Spindle, Senior Global Correspondent, Cipher News; Richard Redoglia, CEO, Matrix Global Holdings

It’s the Gasoline Price “Stupid”: Biden, Energy & Re-Election – What’s at Stake?

Listen to the Insights of Rachel Ziemba, Founder, Ziemba Insights & Adjunct Fellow, Center for a New American Security; Dr. Raad Alkadiri, Managing Director – Energy, Climate & Resources, Eurasia Group; and Dr. Karen Young, Senior Research Scholar, Center on Global Energy Policy, Columbia University US

How do we overcome the main challenges facing the launch of voluntary carbon markets -- lack of standardization, integrity and transparency?

Listen to the Insights of Michael Curran, Head of Carbon, VITOL

What Impact will the US Oil Majors’ Mega-Shale Mergers Seen in 2023 have on Capex Spending Reaching Greater Record Output Levels in 2024?

Listen on the Insights of Clay Seigle, Director of Oil Service, Rapidan Energy Group; Brian Pieri, Founding Member, Energy Rogue; Mike McGlone, Senior Macro Strategist, Bloomberg Intelligence; and James McCallum, CEO & Chairman, Xergy Group & Professor of Energy, Strathclyde University

Oil supply and demand outlook take centerstage in today’s the Daily Energy Markets Podcast, in conversation with Neil Atkinson, Former Head of Oil Markets Division, International Energy Agency; Vibhuti Garg, Director - South Asia, IEEFA; and Paul Hickin, Editor-in-Chief, Petroleum Economist.

Outlook for US LNG in ‘24: is Europe Swapping one Dependency for another?

Listen to the Insights of Martin Houston, Chairman & CEO, Tellurian

IS THAT A DOVISH PIVOT I SEE BEFORE ME: What’s at stake for energy markets in 2024 as Central Bankers and Markets misread the signals on the easing side of the Rates mountain as they did on the tightening side?

Listen to the Insights of: Ole Hansen, Head - Commodity Strategy, Saxo Bank; Marc Ostwald, Chief Economist & Global Strategist, ADM Investor Services International; and Maleeha Bengali, Founder, MB Commodity Corner.

How long will the EU’s southern neighbors wait for Europe to make strategic energy infrastructure investment before they look elsewhere to develop their economies?

Listen to the Insights of Mehmet Öğütçü, Group CEO, Global Resources Partnership & Chairman, London Energy Club; Gulmira Rzayeva, Founder & Managing Director, Eurasia Analytics; and Dr. Carole Nakhle, CEO, Crystol Energy

Oil Markets Fundamentals in 2024: Sanctions-Price Caps--Global South-Climate Change-Bitcoin-China Real Estate and many more upstarts are trying to muscle into the infamous virtual bucket that is known as the ”Oil Markets Fundamentals” – How are market fundamentals changing and what will meet the grade in 2024?

Listen to the insights of Dr. Adi Imsirovic, Adi Imsirovic, Director, Surrey Clean Energy & Senior Associate, CSIS; Neil Atkinson, Former Head of Oil Markets Division, International Energy Agency; and Jorge Montepeque, President & Founder, Global Markets

Oil Markets Remained Relatively Immune to 2023 Black Swans: What are your Top 3 Trends / Events -Black or Grey- that will determine the direction of oil markets in 2024?

Listen to the insights of Christof Rühl, Senior Research Scholar, Center on Global Energy Policy, Columbia University; and Mike Muller, Head of Asia, Vitol

“Sell in May and Go Away”: Where does one Find certainty in the oil markets to Buy at all in 2024?

Listen to the insights of Dr. Amrita Sen, Co-Founder & Head of Research, Energy Aspects  

Higher for Longer or is it: What Impact will end of rate tightening cycle have on East-of-Suez Oil Storage Industry in 2024 and Beyond – Winners & Losers?

The additional costs of storing oil during a period of sustained high interest rates are stark. Take a two-million barrel cargo with prices at, say, $80 a barrel. Based on an interest-rates at 5%, it would cost a trader an $8 million per year in financing to hold onto the consignment. Oil refiners, who buy crude and then sell fuels like gasoline and diesel at a later date, also see their profits squeezed by higher financing costs. It all serves to increase the chances of the world having to get used to lower levels of oil inventories. The disincentive to store is doubled when later oil prices are trading at a discount to nearby ones — a structure known as backwardation, that is present at the moment —because it means traders are forced to sell barrels they had stored at a loss.

Listen to the insights of Michiel Gilsing, Member of Executive Board & CFO, VOPAK

INDUSTRY PANEL

“Think Global, Act Local”: The Gulf Economies & their National Energy Industries are Focused on Reversing this old North Star – Outlook for 2024 and Beyond? 

Listen to the insights of Peter Zeilinger, SVP, Middle East and Africa, OMV; Kieran Gallagher, Managing Director, Vitol Bahrain E.C; Robin Mills, CEO, Qamar Energy; Simon Williams, Chief Economist – MENA, HSBC

OPEC PANEL

GONE IN 60 SECONDS: Why have OPEC+ Supply “Meetings” gone from lasting Minutes to Weeks -- What’s at Stake in 2024 for World’s Largest ‘Voluntary’ Oil Exporting Group?

Listen to the insights of Amena Bakr, Deputy Bureau Chief, Energy Intelligence; Yousef Alshammari, CEO & Head of Energy Research, CMarkits &Senior Research Fellow, Imperial College London; and Paul Hickin, Editor in Chief, Petroleum Economist

ENERGY SECURITY PANEL  

Everyone was convinced Israel’s War in Palestine was No Threat to Oil & Gas Flows until It Was: What possible Risks are we Not seeing in 2024 for MENA Energy Exports as Old Foes try maintain New Rapproachments? 

Listen to the insights of Danial Rahmat, Senior Energy Security Consultant, Iran; Laury Haytayan, MENA Director, National Resource Governance Institute; and Kate Dourian, FEI, MEES Contributing Editor & Non-Resident Fellow, AGSIW

The Daily Energy Markets Podcast continues to discuss key factors impacting the direction of travel for oil markets in Q3. Listen in for more views from Mehmet Öğütçü, Group CEO, Global Resources Partnership & Chairman, London Energy Club; Brian Pieri, Founding Member, Energy Rogue; and Russell Robertson, Chief Commercial Officer, Dubai Mercantile Exchange.

What is the Outlook for Asian Energy Demand in 2024 as China Stuck in the Doldrums? 

Healthy domestic demand saved Asia in 2023 as services remained healthy despite weak external demand holding back manufacturing – how will this paradigm play out in 2024?

Listen to the insights of Peter McGuire, CEO, XM Australia; Vibhuti Garg, Director – South Asia, IEEFA; and Ram Narayanan, Director/ VP - Strategic Market & Business Development, Vedanta

What is the Outlook for Asian LNG Demand to Reclaim its Global Supremacy in 2024?

Listen to the insights of Yiyong He, Founder and CEO, LNG Easy; Yuriy Humber, Founder, Japan NRG & President, Yuri Group; and Marc Howson, Head of Asia, Welligence Energy Analytics

What is the Appetite across Asia for the Russian Gift that Keeps on Giving in 2024?

Listen to the insights of Narendra Taneja, India’s Leading Energy Expert; Osama Rizvi, Energy & Economic Analyst, Primary Vision Network; and Vandana Hari, Founder & CEO, Vanda Insights.