Spring has arrived, and as we prepare for the summer driving season, the oil market remains delicately balanced. Earlier this month, Saudi Arabia, Russia and other OPEC+ members surprised the market by announcing a large production cut of nearly 1.7 million barrels per day. How will this cut impact the global oil market, investment, economic growth and public policy — and what will it mean for prices at the pump?
On April 18 a panel of industry experts — including energy fellows Francisco Monaldi and Jim Krane and Rystad Energy's Claudio Galimberti — discussed the OPEC+ move and other factors that will determine the market’s future.
Mark Finley, the Baker Institute fellow in energy and global oil, moderated a discussion and audience Q&A following introductory remarks from the panelists.
This event was sponsored by the Baker Institute Center for Energy Studies and is part of the institute’s series of regular oil and energy market updates. Follow @CES_Baker_Inst on Twitter or LinkedIn, and join the conversation online with #BakerLive.
8:00 am — Breakfast
8:30 am — Presentation
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North America Research Director, Rystad Energy
Jim Krane, Ph.D.
Wallace S. Wilson Fellow for Energy Studies, Center for Energy Studies, Baker Institute
Francisco Monaldi, Ph.D.
Fellow in Latin American Energy Policy; Director, Latin America Energy Program, Baker Institute
Fellow in Energy and Global Oil, Center for Energy Studies, Baker Institute