| Sign up for my free newsletter here: https://www.mauldineconomics.com/go/JM563I/YTB. Many analysts are pointing to China’s economic woes as a root cause behind the recent slump in oil prices. But Piper Sandler global energy economist Jan Stuart sees softer oil demand stemming from weakening economies in Europe and the US, too. Here’s Jan: What's happening is that demand growth… it's decelerating very fast. … In the data through July, in the case of China through August, the data tell you that there is something going very, very wrong in China. That things are not growing, are in an industrial recession for now, going on year number three across Europe. And that increasingly here in America, things are getting softer on the oil demand front. Will oil prices recover anytime soon? And what role should oil and gas stocks play in your portfolio? You’ll hear Jan’s take in our interview (hint: they’re “a natural hedge for all the mayhem”), along with his thoughts on nuclear energy, and the influence of large emerging markets like India on energy demand. Find out more about Jan Stuart here: https://www.pipersandler.com/about/people/jan-stuart Follow Jan Stuart on LinkedIn: https://www.linkedin.com/in/jan-stuart-590b0880/ Sign up for Ed D’Agostino’s free newsletter here: https://www.mauldineconomics.com/go/JM563I/YTB Follow Ed D’Agostino on LinkedIn: https://www.linkedin.com/in/ed-d-agostino-415475296/ Time stamps: 00:00 – Introduction 01:42 – Short-term volatility in oil and gas stocks 06:41 – The global economic slowdown 10:27 – Structural headwinds for oil demand 14:57 – Geopolitical supply risk 19:11 – $80 oil… because OPEC needs it 22:29 – The future of nuclear energy and coal 26:13 – Natural gas and Europe’s energy policy 33:30 – Hidden opportunities for energy investors |
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