Jürgen Hogrefe held a lecture during the seminar „Commerzbank's Energy & Carbon Seminar 2018"
Jürgen Hogrefe, Chairman of hogrefe Consult held a lecture on "What drives the oil market?“ during the seminar "Commerzbank's Energy & Carbon Seminar 2018" on the 14th of November 2018 in Berlin. Hogrefe focused particularly on the fragile political situation on the Gulf and pointed out the dangers that can result from the unstable political situation for the world energy market. Around 70 percent of today's oil and gas reserves are in the area and under the control of countries and governments that have been struggling to maintain political stability for many decades. Increasingly charged conflicts of a religious nature and often inconclusive actions of US foreign policy are currently building up precarious conflicts.