Julian Lee, Columnist

Oil Demand Worries Dominate Markets: Elements by Julian Lee

OPEC+ must be more realistic about demand destruction in Monday’s meeting.

September 1, 2022 at 11:16 AM UTC

Julian Lee is an oil strategist for Bloomberg. Previously, he was a senior analyst at the Centre for Global Energy Studies.

Oil pumping jacks, also known as “nodding donkeys,” stand in an oilfield in Russia.
Photographer: Andrey Rudakov/Bloomberg

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Oil markets are sending a warning to the OPEC+ group of producers about impending demand destruction ahead of their meeting Monday.