A US-China trade war, heightened global uncertainty, and a (potentially) more aggressive Gulf-led OPEC+ policy have pushed oil prices back to their lowest levels in four years. Cohesion in the group is straining and, for Gulf oil producers, the macro spillovers could prove damaging.
As Donald Trump prepares to make his first trip to the Gulf in this administration, our Commodities and Middle East teams are holding a special online briefing to take stock of global oil demand dynamics and their impact on the Gulf economies. During this 20-minute session on Wednesday 7th May at 0800 ET/1300 BST, they’ll be answering your questions as they tackle key issues including:
- The drivers of OPEC+ policy – from internal punishment to the recapture of market share;
- The downside risks to oil prices and the threats they pose to Gulf economies;
- What’s at stake as Trump prepares to visit Saudi Arabia, Qatar and the UAE.
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