Special Edition: Doug Terreson, Former Head of Global Energy at Morgan Stanley, A 2026 View on Oil and Markets

In this special edition episode of 3in10, Scott Slayton, Partner and Chief Strategist at Capital Creek Partners, sits down with Doug Terreson, former Head of Global Energy at Morgan Stanley, to discuss oil markets, geopolitics, and the macro-outlook. Scott and Doug begin by reviewing Doug’s career in energy and his perspective on current oil market fundamentals, including supply-demand imbalances and OPEC’s recent production decisions. They then turn to Venezuela and Iran, where Doug shares firsthand insight into production declines, regime risk, and the challenges of restoring meaningful output. Lastly, Scott and Doug connect oil prices to inflation, interest rates, and financial markets and discuss what this backdrop could mean for energy equities and global assets heading into 2026.