Watch: Market Movers Europe, Jan 13-17: Uncertainty in the Middle East hits oil markets

Featuring Gary Clark14.01.20

Commodity Electric Power,  LNG,  Natural Gas,  Oil,  Metals,  Petrochemicals,  Shipping
Length04:54

In this week's Market Movers, the tensions in the Middle East supports oil prices and keeps gold in focus; the fallout of IMO 2020 is a hot topic for shipping and bunker markets; and the weather and French nuclear power station maintenance will loom large for the power market.

In this week's Market Movers, the tensions in the Middle East supports oil prices and keeps gold in focus; the fallout of IMO 2020 is a hot topic for shipping and bunker markets; and the weather and French nuclear power station maintenance will loom large for the power market.

The extraordinary rise in tensions in the Middle East following last week's killing by the US of Iran's General Qassim Soleimani in Baghdad and Iran's ballistic missile retaliation on bases in Iraq housing US forces will be in the spotlight Monday at the International Petroleum Technology conference in Dharan. Top Saudi officials, including energy minister Prince Abdulaziz bin Salman and the CEO of state-controlled oil company Aramco, Amin Nasser, will be giving their views. The security situation will no doubt feed into mounting speculation over the future of the supply cut agreement between OPEC and its partners, as the next OPEC meeting in Vienna is less than eight weeks away, on March 5.

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