Energy forecasters have long been calling for a near-term peak in global oil demand as year-over-year growth slows in the largest consumer markets of US, China, and Europe. These outlooks are being revisited as electric vehicle penetration underwhelms and the opportunity for petrochemical demand expands.

Karim Fawaz, an S&P Global expert in global oil markets, joins Hill Vaden and Sam Humphreys to discuss why the outlook for annual oil consumption is increasingly muddled and what sectors will be most important to driving global demand going forward.

Learn more about S&P Global Commodity Insights energy coverage at: https://www.spglobal.com/commodityinsights/en

Earlier this year, New Zealand reversed a self-imposed ban on offshore oil and gas exploration begun in 2018 and is now allowing companies to apply for new licenses.

Frankie Hulbert, an S&P Global expert in upstream exploration and development, joins Hill Vaden and Sam Humphreys to discuss how New Zealand's renewed interest in domestic natural gas supply led to the reversal and whether operators now have enough confidence in policy to commit to fresh exploration plans.

Learn more about S&P Global Commodity Insights energy coverage at: https://www.spglobal.com/commodityinsights/en

The upstream industry has faced many challenges over the last few years, but global sentiment seems to be shifting. In an environment of rapidly evolving geopolitics and a continued demand for resources, we explore how the industry is responding to this changing landscape.

Joining hosts Hill Vaden and Sam Humphreys this week is Dan Pratt, Global Head of Upstream Solutions at S&P Global Commodity Insights, to talk about the global appetite for upstream oil and gas, what countries are doing to attract investors and the role AI will have in the future of exploration.

Learn more about S&P Global Commodity Insights energy coverage at: https://www.spglobal.com/commodityinsights/en