Oil 2017 : analysis and forecast to 2022
The IEA’s Oil 2017 report (formerly Oil Market Report 2017), which provides market analysis and forecasts to 2022, sets the scene for what promises to be a transformative period in the history of oil.
The IEA’s Oil 2017 report (formerly Oil Market Report 2017), which provides market analysis and forecasts to 2022, sets the scene for what promises to be a transformative period in the history of oil.
The recent oil market sell‑off, brought on by deep imbalances after years of record-high prices, will likely prove a milestone in the history of oil. However prices eventually evolve, markets may never be the same. This edition of the Medium-Term Oil Market Report sizes up the magnitude of this transformation so far and sketches the oil landscape at the 2020 horizon…
This year the oil industry celebrated its 155th birthday, continuing a rich history of booms, busts and dramatic technological changes. Many old hands in the oil patch may view recent developments as a continuation of the same old story, wondering if the high prices of the last decade will prove to be another transient cycle with which technological advances will again eventually catch up. But there have been some dramatic changes over the last decade that could mark a major turning point in the history of the world’s use of this key energy source. In this article I review five of the ways in which the world of energy may have changed forever…
The main purpose of this OIES paper is to review the evolution of OPEC models and to link this evolution to some key events in the oil market. Our main conclusion is that OPEC’s pricing power varies over time…
Connections between the oil trade and international politics have declined in recent decades, but there is no reason to assume that these changes are permanent…
This Chatham House paper attempts to consider possible future paths for crude oil prices and their implications…
The oil and gas industry is under pressures that will transform it. The effect of other industries on oil demand, the increasing opportunities for non-conventional oil and gas that offset perceptions of limits to conventional resources, and the shift of growth to Asia will all compel the industry to look for growth in value rather than volume…
In this CFR’s Energy Brief, Robert McNally outlines several scenarios wherein rising tensions could affect the price of oil and identifies and assesses options for policymakers to respond in each case
A CEPS working document