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Synopsis | Speaker | Arrangements | Booking | Other Events

"Global Oil Markets: The Long Term and the Short Term"

Christof H. Rühl
Group Chief Economist and VP, BP plc

Thursday 9th October 2008, 6:00 p.m.
Bookings Finalised by 3rd October 2008
The Royal Scots Club
30 Abercromby Place
Edinburgh

The Presentation is available here (Adobe PDF).

 

A programme of student dinner attendance is sponsored by Wood Mackenzie and The Scottish Oil Club.

Synopsis

The presentation discusses determinants of demand, such as the growing share of Non-OECD economies in global growth, and constraints on supply, such as  access restrictions, which are unlikely to disappear in the short  term. It then contrasts these influences with reasons for short term price volatility.

Speaker

Christof Rühl is Group Chief Economist and Vice President of BP plc. He manages BP’s global economics team. Christof analyses the global economy and energy markets, to provide economic underpinning for BP’s commercial strategy. Christof joined BP in 2005. He has a distinguished track record as an academic economist and in economic policy making. From 1998, he was at the World Bank, where he served as the Bank’s Chief Economist in Russia and Brazil. Before that, Christof worked in the Office of the Chief Economist at the EBRD (from 1996). Earlier, he was an academic economist, first in Germany, and from 1991 as Professor of Economics at the University of California in Los Angeles. He also held Visiting Professorships at academic institutions worldwide, including the University of Western Ontario and the University of Chicago. His area of specialization is macroeconomics and energy economics, and he has published widely in these fields. Christof is a German national.

Arrangements

Members and guests are invited to convene between 17:30 and 18:00 for coffee/tea and biscuits (pay-bar available). Meeting commences at 18:00.  An opportunity for informal discussion between members and guests will follow the presentation in the Cocktail Bar where a pay-bar is available until commencement of the Discussion Dinner (Chatham House Rules) at about 20:00.

Menu:  Wild boar pâté with a Cumberland sauce and oatcakes ~ Steamed fillet of salmon with a lime and coriander butter Baby new potatoes and selection of vegetables ~Chocolate truffle torte with a berry coulis ~ Coffee & mints

Wine: Santa Serena, Chardonnay Sauvignon Blanc. Central Valley, Chile 07/08, Santa Serena, Cabernet Merlot. Central Valley, Chile 07/08

Cost:  £33.50 inclusive of wine and VAT. (If vegetarian meal required, please order at time of booking).

Pay by Credit Card.