The Oil Market with David Wech

To start the New Year, in this episode we review the oil markets in 2023 and the likely major themes and trends in 2024. Why were forecasts for 2023 mainly wrong – 100$ oil never materializing? What were the major market, policy and geopolitical events that drove prices and what do these herald for 2024? Will the volatility continue? What are the trends in production, refining, shipping and consumption? Our guest is David Wech, Chief Economist for Vortexa, the ship tracking and data analytics firm