Roukaya Ibrahim

speaker

167 appearances 1 recordings 1 series first heard Aug 2026 last heard 2 Aug

Roukaya Ibrahim’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

Appearances

newest first · ▶ plays the moment

WSJ's Take On the Week · Why Oil Prices Could Hit a Breaking Point by Year End · 2 Aug 2026 podcast

sort of effort to deescalate.

The incentive for that clearly is the midterm election.

So we could see that.

And if we don't, I think where the rubber meets the road for the oil market, you know, we can probably assess that by looking at the status of global oil inventories.

And there, if we sort of project the pace of decline that we've seen since the start of the conflict out to the future, if we extrapolate that forward, you know,

we reach sort of critical operational stress levels, so-called operational stress levels, towards the fourth quarter of this year.

And I think at that point, when we no longer have an inventory buffer, which, I mean, according to our estimates, has contributed sort of up to 4 million barrels per day to the disruption,

At that point, I think you would need to see sort of a sharp move higher in oil prices.

And that could be very damaging for, you know, refined products and ultimately for consumers worldwide.

Yeah.

So, I mean, just to be clear, you know, these pipelines, they do take time to build.

And so, you know, the impact is not going to be felt like, you know, for the remainder of this year.

So this is more of a, you know, it's 12 months and beyond type of story.

But I think over the near term, why would oil prices come down?

So I actually think that there is a floor for oil prices.

And I think when they dip down to like in the case of Brents,

$70 a barrel just a month ago, I think that was really the very bottom of what is justified on a fundamental basis.

Simply because if you take a look at sort of the mechanisms that enabled the world to deal with this disruption,

many of them are temporary in nature.

And actually, going forward, regardless of whether the Strait of Hormuz is reopened or not, they're going to be less of a headwind on prices and more of a tailwind to prices.

Showing 21–40 of 167 · page 2 of 9