The New Oil Order

Wed., May 24, 2017 | 5:00 PM — 6:15 PM

Saieh Hall
Room 146
1160 E. 58th Street
Chicago, IL 60637
United States

Sponsored By: Energy Policy Institute at the University of Chicago

Global oil markets are experiencing a period of significant uncertainty thanks to changing dynamics in oil supply and uncertainty in key consumer markets, including China. The volatility caused OPEC to close out 2016 with its first production cut in eight years. What does this new oil order mean for companies, consumers, and policymakers? How long will low prices continue? And has the structure of the global oil market changed in fundamental ways thanks to the advent of U.S. shale, a flexible source of low-cost oil outside of OPEC, and emerging competition to oil like electric vehicles?

Join EPIC as we host Jeff Currie, the global head of commodities research at Goldman Sachs, for a conversation on the economics and future prospects of global oil.

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About the Speaker

Jeff Currie

Jeffrey Currie is the global head of Commodities Research in the Global Investment Research (GIR) Division. He is responsible for conducting research on commodity market dynamics in the context of corporate risk management programs, short and long-term commodity investment strategies and asset allocation. Jeff is also a member of the GIR Client and Business Standards Committee and the ECS Executive Committee.

Previously, Jeff was the European co-head of Economics, Commodities and Strategy Research from 2010 to 2012 and based in London, where he resided since 2003. Over the years, the commodities research team has consistently been ranked number one under Jeff’s direction and in 2011 he was named the CNBC Analyst of the Year by City A.M. Jeff joined Goldman Sachs in 1996 and was named managing director in 2002 and partner in 2008.

Prior to joining the firm, Jeff taught undergraduate and graduate level courses in microeconomics and econometrics at The University of Chicago and served as the associate editor of Resource and Energy Economics. Jeff also worked as a consulting economist, specializing in energy and other microeconomic issues, at Ernst and Young, LLP and Economic Insight, Inc. In addition, he has advised numerous government agencies in the United States, European Union and Russia. Jeff earned a PhD in Economics from The University of Chicago in 1996.

 

EPIC