- September 20, 2018
- Posted by: Art Berman
- Category: Presentations & Publications
Love your analysis and the insights you brought to people without any oil and gas
Your recent podcast with Macrovoices did surprise me with your neutral and slightly negative view on oil prices.
My question is how this trade war and potential global recession would affect the oil demand. The oil consumption post-GFC was only dropped by 1 million Bpd. 10 yrs later, Now we are looking at 100millin Bpd. I wondered how bad this up coming recession has to be to derail the oil
demand. Accompanied with the underinvestment in the last few years, shouldn’t we be looking more positive?