EnergyView Briefing Invitation
IHS is presenting the IHS EnergyView Briefing in London, United Kingdom on June 7, 2016.
The intense pressure on the energy industry is unprecedented, and the behavior of US oil supply is the most important element in the balancing of global crude markets in 2016. While 2015 showcased the resilience of US production despite plummeting drilling activity, this year we will finally see the impact of lower prices and the resulting cash constraints. The primary determinant of the US short-term supply path is not the profitability of producers, it is capital availability. Oil prices have remained low for long enough that US producers can no longer maintain production. This year will be a contest between capital efficiency and cash suffocation.
In this complimentary briefing and Q&A session exclusively for financial and capital markets participants, Research Director Raoul Le Blanc will discuss these questions and more, presenting the IHS Energy financial team’s 2016 and 2017 outlooks for oil markets.
Please join IHS on Tuesday, 7 June for an overview of our latest thinking:
- Can operators continue to defy gravity? If not, how will the system adjust?
- How will the financial market’s interpretation of pricing momentum affect the sustainability of the recovery? What are the milestones to watch out for?
Register now to join us at our IHS London offices.