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The State of the Energy Markets

Released on Wednesday, May 13, 2020•COMMODITIES

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The global energy markets are under attack from all sides. The price of oil has moved lower by 50% since the start of the COVID-19 crisis. It's estimated the demand destruction from the pandemic could end somewhere between 20-30 million barrels per day removed from the market. At the same time, the Saudis and Russians are locked into a price war, determined to flood the global markets with oil.

Stephen Schork

The Schork Group, Founder

Stephen Schork is a highly acclaimed speaker, and is widely recognized for his ability to integrate vast arrays of compelling information into dynamic and succinct market views. His presentations include overviews of the key issues affecting the energy industry and context within which to view market action. Mr. Schorks forthright approach to benchmarking past projections against current market activity has established him as one of the industrys most sought-after energy experts. Mr. Schork is the co-founder of The Schork Group, and has extensive expertise in structuring and reviewing purchasing strategies, preparing narratives for presentations to boards of directors and investors to support trading and hedging decisions, providing cost/benefit analyses of mergers, acquisitions, and construction of new assets, and designing customized engagements tailored to clients business objectives. He is a registered Commodity Trading Advisor with the National Futures Association.