L, U, V, or W -- What’s the shape of the oil price recovery?
Current oil price levels are not sustainable and are unlikely to provide enough oil supply to meet global demands. With Iran potentially poised to re-enter global oil markets and US shale oil in retreat, how high – or how low can oil prices go? And how long can they stay at a new level?
Join us on Tuesday, May 5th as Dr. Morse will answer these questions. Networking and light refreshments will follow the presentation.
Ed Morse is Managing Director and Global Head-Commodities, Citi Research in New York. He previously held similar positions at Lehman Brothers, Louis Capital Markets and Credit Suisse. Widely cited in the media, he is a contributor to journals such as Foreign Affairs, the Financial Times, the New York Times, The Wall Street Journal and the Washington Post and was most recently ranked #23 among the “Top 100 Global Thinkers of 2012‘ by Foreign Policy. He worked in the US government at the State Department, and later was an advisor to the United Nations Compensation Commission on Iraq as well as to the US Departments of State, Energy and Defense and to the International Energy Agency on issues related to oil, natural gas and the impact of financial flows on energy prices. A former Princeton professor and author of numerous books and articles on energy, economics and international affairs, Ed was the publisher of Petroleum Intelligence Weekly and other trade periodicals and also worked at Hess Energy Trading Co. (HETCO).