The impact of trade wars on oil demand and prices

In this episode, we sit down with Susan Bell, Senior Vice President within Commodity Markets – Oil, Rystad Energy, to consider the impact that trade wars have on global oil demand and oil prices. We discuss the immediate aftermath of President Trump’s ‘Liberation Day’ tariff announcements, and the impact that these tariffs continue to have on the global oil market. Susan offers her opinion on the impact that the tariffs will have on the refining, petrochemical and LNG sectors, as well as what all of this means for new projects. This episode of the Hydrocarbon Engineering Podcast is sponsored by Owens Corning FOAMGLAS® cellular glass insulation — an impermeable insulation trusted in high-performing hydrocarbon processing facilities around the globe. Learn more at