VIDEO: Winter oil outlook: Threat looming in the US oil industry

Author: Sophie Udubasceanu

2020/09/15

LONDON (ICIS)--Global Crude Oil Editor Sophie Udubasceanu outlines the expectations for crude oil prices in the fourth quarter of the year:

  • Recent developments in the global oil market continue to threaten small US producers
  • The US election, trade wars and the electrification will set the pace for the fourth quarter of 2020
  • Overall, the winter outlook points to a slight demand recovery but one that may come too late for many producers