FGE Director of Asia Oil Sri Paravaikkarasu

The transcript discusses the potential for OPEC to increase oil output amid rising crude prices and supply constraints. It highlights the challenges faced by producers like Angola, Nigeria, and Russia, and the role of Saudi Arabia in meeting demand. The impact of winter on oil demand, driven by high LNG and coal prices, is examined, along with the potential for fuel switching from natural gas to oil. Short-term oil price projections suggest a rise above $80. The influence of OPEC on US production and the long-term outlook for the energy market, including the effects of climate change and investment in fossil fuels, are also covered.

What factors are influencing the current rally in crude prices?

How do you think the supply situation will evolve in the coming months?

What role does Saudi Arabia play in the current oil supply scenario?

What are the potential consequences of low oil stocks as winter approaches?

In what ways might the transition from natural gas to oil impact oil demand this winter?

How might climate change considerations affect future investments in fossil fuels?

What is your perspective on the long-term outlook for oil shortages?