EnergyCents- Ep. 11: Twilight Zone or SuperCycle?: Near-term expectations for oil markets
EnergyCents- Ep. 11: Twilight Zone or SuperCycle?: Near-term expectations for oil markets 16 October 2020 37:33 min Raoul LeBlanc Karim Fawaz...
Mr. Fawaz is a Director in the Energy and Natural Resources group at IHS Markit. He leads the Energy Advisory Service, which provides energy research tailored to financial institutions investing in the energy and commodity space. He has extensive expertise analyzing short-term global crude oil and refined product markets, managing IHS Markit's global short-term liquids supply/demand balances, and forecasting short-term trends in global oil fundamentals, prices, differentials, and refining margins. He also specializes in the relationship between physical and paper commodity markets. Mr. Fawaz has also led various consulting engagements across the midstream and downstream value chain, including asset acquisition due diligence projects, global crude and product trade flow modeling, and pricing analyses. Prior to joining IHS Markit in 2013, Mr. Fawaz worked in the Financial Advisory practice at PFC Energy. He holds a Bachelor of Engineering degree from the American University of Beirut and an MA from the Johns Hopkins School of Advanced International Studies
Amid collapsing demand and fast-rising stockpiles, pressure continues to spread across North American oil markets. For the third time in the past half-decade, the price of heavy oil in western Canada is collapsing. This price rout has the potential to be the most severe and protracted, even for battle-hardened Canadian producers, leading to renewed questions about the cost of western Canadian supply and impacts on production.