Oct 13th, 2023
BNEF Oil Market Outlook
The heads of Saudi Aramco and Exxon Mobil have voiced support for the global transition to cleaner energy, but one in which oil continues to play a major role for decades to come.Speaking at a major industry event in Calgary, both CEOs says capturing and storing carbon is one of the best ways to reduce emissions. They also argued that cutting oil use too fast would be dangerous, given the growing demand for energy. BloombergNEF's Wayne Tan gives the outlook on the market. (This interview originally aired on September 18th, 2023)







