Warren Patterson, ING
Warren Patterson, ING
1 December 2023
Bigger Picture: OPEC+ supply cuts; what are the implications for oil prices?
Warren Patterson, Head of Commodities Strategy, ING, weighs in on OPEC+ agreeing to a new oil supply cutback of around 900,000 barrels a day during its most recent meeting; whether the group's internal differences can be ironed out; why Saudi Arabia continues to push for quota cuts; and oil price projections for 2024.
Presented by Emaad Akhtar
This podcast is produced and edited by Emaad Akhtar (eakhtar@sph.com.sg)
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Listen To His Previous Podcasts:
31 March 2022
Bigger Picture: How much politics will factor in OPEC+'s decision
Warren Patterson, Head of Commodities Strategy, ING discusses the Ukraine war will affect the demand and supply equation, how much a boycott against Russian oil will influence the outlook, and whether US shale oil can step up capacity to keep a lid on prices.
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4 October 2021
Market View: The Global Energy Shortage and Why it Matters
Investors are taking notice of a shortage in natural gas that's hitting both China and Europe, pitting both regions against each other in a race to secure supplies before the winter months. ING's Head of Commodities Strategy Warren Patterson joined us on Prime Time to explain how we got here and what risks it poses for the global economy. He also touched on a similar shortage in coal and what he's looking out for ahead of OPEC 's upcoming ministerial meeting.
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1 September 2021
Bigger Picture: OPEC meeting preview amid growth slowdown signs
Warren Patterson, Head of Commodities Strategy, ING discusses how the surprise miss in China PMIs and US Consumer Confidence data will affect the oil cartels plans to resume output hikes.
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Listen To His Previous Podcasts:
17 May 2021
How Much More Runway Does the Commodities Boom Have?
Commodity prices from oil to iron ore have been on a tear, boosted by massive fiscal spending directed towards infrastructure, and the prospects of a post-pandemic economic rebound. But is this the beginning of a new supercycle? Warren Patterson, Head of Commodities Strategy at ING, spoke to us on Prime Time about the current commodities boom, what may trigger a pullback, and which commodity he's eyeing more closely.
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1 September 2020
Bigger Picture: Gold to ride momentum of low rates
Warren Patterson, Head of Commodities Strategy, ING shares how much upside he sees ahead for gold prices and what the global recovery picture means for oil.
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31 March 2020
Bigger Picture: Oil prices hit 18-year low
Warren Patterson, Head of Commodities Strategy, ING, shares why he believes oil prices may head below $20, as OPEC members get ready to ramp up production after the expiry of production cuts on April 1.
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