Fueling the World Economy: Oil Price Outlook for 2016

To register, please contact the Business & Policy Program at 212-715-1208.

Oil has been a volatile commodity with its history of booms and busts. Oil prices plunged to the lowest levels in years at the end of 2015 and beginning of 2016. In March 2016, oil price has been gathering momentum, jumping to around $40 per barrel. In addition to the United States approving measures to lift the 40-year ban on crude oil exports, Iran is ramping up its oil production, bringing downward pressure on oil price. On the other hand, oil producers from OPEC and non-member countries met at Doha on April 17th to discuss a possible freeze on production, which in turn may lead to higher oil prices. This program addresses the factors affecting the price of oil, the impact of low oil prices on the global economy, and the advantages and disadvantages of falling oil prices. Panelists also discuss how long low oil prices will continue, and the oil price forecast for 2016.

Speakers:
Damien Courvalin, Managing Director, Head of Energy (Oil & Gas), Agriculture, GSCI & Gold Research, Goldman Sachs Group, Inc.
Michael Levi, Senior Fellow for Energy and Environment, Council on Foreign Relations
David Knapp, Managing Director & Senior Editor, Energy Intelligence Group Inc.

Moderator:
Gary Shilling, President, A. Gary Shilling & Co., Inc.

Agenda:

Seating is available on a first come, first served basis

To register for this event, please send email to [email protected]

 For information only, please contact the Corporate Program at 212-715-1208.