Saudi Oil Policy: Assessing the impacts of the unilateral output cut
Virtual webinar, Americas
Wed, 03 Mar 2021 - 10:00am CST
Saudi Arabia surprised the oil market in early January by announcing it would unilaterally cut its oil output by an extra one million barrels per day beyond its agreed OPEC+ target. This extra supply cut will be in effect during February and March.
To evaluate its impacts and associated opportunities and risks, Vortexa is carefully studying the implementation of the Saudi cut in the context of OPEC+ output levels, refinery crude consumption, and the forward price curve.
In this live webinar, our experts will describe the impact of the Saudi cut on the oil market and the tanker freight market, with consequences for players ranging from US shale operators and refiners to midstream asset owners and financial oil investors.