This week’s Osher lecture has been a hot topic in the news for the last several months, “The Global Oil Market Crisis and the COVID Crash.” This lecture is brought to you through our continued partnership with UC San Diego’s Osher Lifelong Learning Institute. This video will be available for online viewing now through Sunday, July 19.
The Global Oil Market Crisis and the COVID Crash by David Edick, Jr.
Synopsis: The COVID-19 pandemic has resulted in an historic disruption of the oil industry worldwide. Social distancing measures and related lock-downs, first in China, then Europe, the United States, and in other countries now including India, have caused an unparalleled collapse in demand. The sudden shock has upended the fuels trade and caused massive shut-in of production capacity. This lecture will discuss the market crisis and how it is impacting key countries including the U.S., Russia, and Saudi Arabia. It will also discuss how this crisis could reshape the future of the oil industry in the U.S. and abroad.
Edick is a Principal at Core Global Advisory, a consultancy focused on political risk and market strategy. He is an energy specialist with particular expertise in the oil and natural gas sectors.