Analysts from J.P. Morgan Global Research take a closer look at the stories behind some of the biggest trends, themes and developments in markets today.
Episodes
Friday Jun 30, 2023
Friday Jun 30, 2023
Speaker:
Natasha Kaneva, Global Commodities
We calculate the incentive price of oil needed to ensure that the world has enough investment—and oil—in 2030 and to close the supply-demand gap of over 4 mbd. Assuming 2% inflation, the low end of the range for the Brent incentive price sits at about $63 based on an IRR of 20%. An IRR of 25% moves the incentive price to $78/bbl. Under a 4% inflation scenario, the range is $80 to $100.
This podcast was recorded on June 30, 2023.
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