Oil’s Greek Tragedy

Presented by

Nitesh Shah, Director of Research

About this talk

In March 2020 oil markets were met with a sudden shock of lost demand as airlines stopped flying, ships were docked, road traffic fell and economic activity was curtailed amid mass lock-downs to encourage social distancing. Further to this, producer countries in the Organization of Petroleum Exporting Countries (OPEC) and its allies have increased production and set off a price war. As a result, Q1 2020 has seen the lowest oil prices, making it the worst quarter on record. How did we get here and where can we go next? Join this webinar as Nitesh Shah, Director of Research, explores these current dynamics in the oil market.
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