Falling Oil Prices: a stress test for the US Shale Oil and the Global Market
Practical information
The wide development of the US oil production these last few years has undoubtedly brought major changes on the oil market, reducing significantly the US imports of crude oil, increasing the American exports of petroleum products and changing more globally the trade flows. Since June 2014, the impacts have been significant on the crude oil prices. Will this unexpected and strong decline of the prices exclude the US oil production from the market? The purpose of the event is to examine the specificities of the light tight oil business model and to discuss the wider impacts on the oil market and on “traditional” exporters.
Ifri Energy Center organizes a roundtable conference with:
Sylvie CORNOT-GANDOLPHE, Associate Research Fellow to Ifri,
Author of the Ifri study “The shale oil revolution: the ongoing test of the business model” (forthcoming)
Francis PERRIN, Chairman of Stratégies et Politiques Energétiques (SPE)
Said NACHET, Director, Paris Petroleum Seminar, IFP Training
Chaired by : Marie-Claire AOUN, Director of Ifri Center for Energy
Conseil Central de l'Economie - Room 6 - avenue d'Auderghem 20, Brussels (métro : Schuman)
Other events
Strategic Autonomy and Asia amid Rising Geoeconomic Competition
Amid growing strategic and geopolitical uncertainty, Europe is grappling with the notion of its strategic autonomy. For Europe’s partners in Asia, the concept is also becoming increasingly salient as the world enters an era of structural transformation.
Europe’s Southern Courtyard and Southeastern Neighborhood: The Greek Perspective
Greece stands at the crossroads of Europe’s southern flank, the Balkans, and the Eastern Mediterranean, a pivotal position for regional security and stability.
Navigating the Taiwan Strait Tensions: Perspectives from Japan, the Philippines, and France
As tensions continue to rise in the Taiwan Strait and discussions grow about hybrid frictions potentially escalating into a kinetic conflict in the coming years, neighboring countries are bracing for impact. Japan and the Philippines would be on the front lines if a crisis were to erupt in the Taiwan Strait.