Are the supply-demand fundamentals bullish for oil in 2023? What about a recession: how would an economic pullback affect oil demand and prices? Why has the oil industry chronically under invested in new supplies in recent years? Which is more likely to happen first: peak oil supply or peak oil demand? How does a robust near-term demand picture square with the climate discussions at COP27?
Senior Bloomberg Intelligence analysts Salih Yilmaz and Rob Barnett discussed BI’s oil research and how some of the near-term fundamentals contrast recent discussion as the COP27 climate conference.
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