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As one of the world’s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National’s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
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Wednesday Oct 13, 2021
Wednesday Oct 13, 2021
What do a coal shortage in China, a cold winter in Europe and oil's rally to a three-year high have in common?
Herman Wang, managing editor at S&P Global Platts, joins co-hosts Mustafa Alrawi and Kelsey Warner this week to answer that, and what to expect going forward.
They discuss what will happen to oil prices amid the energy crisis and how we got here. The answers are more complicated than tidy narratives about underinvestment in hydrocarbons amid the energy transition, or basic fundamentals of supply and demand.
Hosted by Mustafa Alrawi and Kelsey Warner
Produced by Arthur Eddyson and Ayesha Khan
In this episode:
How did the energy crisis happen? (0m 40s)
How long will this crisis last? (3m 12s)
The reaction from Opec+, US and China (5m 57s)
COP26 and the energy transition (10m 14s)
Oil demand towards 2050 (15m 10s)
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