Recent concerns over slowing demand growth have caused a dip in oil prices. However, we anticipate a recovery in market fundamentals during the first half of 2023, as demand for oil is expected to rise. The oil industry continues to face challenges in terms of supply, with the production impact of sanctions against Russia a key variable, along with uncertainty around OPEC policy. Nevertheless, we believe that the long-term outlook remains positive for capital investment in the oil sector.
Join our esteemed experts, Ann-Louise Hittle, Head of Marco Oils and Douglas Thyne, Research Director for Global Oil Supply at Wood Mackenzie, as they share their in-depth 2023 Macro Oils Short-Term Outlook. Gain valuable insights and a strategic understanding of the oil market, making informed decisions for your capital investments.
When: Wednesday 1 March, 9:00 am GMT-6
(We will host a 45-minute webinar consisting of a 30 minute presentation on oil market dynamics, followed by 15 minutes for Q&A.)
Key Topics:
- Impact of Russia/Ukraine crisis on the oil market
- Recovery in China’s demand from COVID pandemic
- OPEC+ spare capacity and policy
- Lower 48 outlook
Register today to attend this webinar >
Please reach out to Lisa Martinez at Lisa.Martinez@woodmac if you have any difficulty registering.