Possible scenario
Underinvestment Tightens Supply
22% Chance
The market eventually focuses less on long-run climate scenarios and more on depletion and replacement rates. If investment remains below OPEC's implied path, spare capacity narrows and prices become more sensitive to outages.
Initial impacts
- Oil prices Up
Secondary impacts
- Energy +1.4%
- Utilities -0.2%
Tickers
- SLB+1.3%
- XOM+1.2%
Portfolio impact
S&P 500+0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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