Publication
Oil markets: Relative stability amid geopolitical strife
Multiple factors stopped oil prices from hitting triple digits, contrary to what many forecasters had anticipated.
27 February 2024
Multiple factors stopped oil prices from hitting triple digits, contrary to what many forecasters had anticipated.
The COP28 climate conference was an exercise in pragmatism, yet still delivered significant steps in the energy transition. Success will depend on concrete follow-through.
The spasmodic movements towards reality, evident during 2023 in the great global energy transition project, will intensify in 2024.
Asia is a crucial market for every established energy exporter, but suppliers’ bets are not risk-free.
The war with Hamas will likely harm Israel’s nascent role as a natural gas exporter, although domestic production is still expected to double by 2027.
As its energy footprint grows, China is intent on maintaining a diversified supply, even with Russian flows increasing.
Dr Carole Nakhle Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its
Technical and, above all, political obstacles block Cyprus’s way to becoming a natural gas producer and exporter. Some Mediterranean neighbours, including Turkey, complicate the problem.
The country’s hopes for becoming a regional gas production powerhouse and LNG export hub are thwarted by question marks over its social and political stability.
To sustain its leading position in the global LNG market, Australia must diversify its export partners and invest in exploration, production and infrastructure.
The LNG boom that followed Russia’s invasion of Ukraine is accelerating the transformation of global gas markets…
European gas markets ended 2022 in much better shape than they had been during the catastrophic first quarter. But they are not out of the woods yet…