Covid-19 & OPEC+ collapse: preliminary assessment of implications for energy markets, policies and geopolitical balances
The global economy is shaken by the consequences of the Covid-19 outbreak in major global economies which increasingly impacts demand, supply chains and trade.
In this uncertain environment, the surprising breakdown of the OPEC+ alliance cemented by Russia and Saudi Arabia has led to an oil price collapse, with major potential economic and geopolitical consequences.
This analysis by Marc-Antoine Eyl-Mazzega, Director of the Ifri's Center for Energy & Climate, provides a snapshot of the situation and its possible energy markets & policy implications.
To see the slides, click on the picture or download the PDF
See also the editorial by Marc-Antoine Eyl-Mazzega: "The Green Deal’s External Dimension. Re-Engaging with Neighbors to Avoid Carbon Walls"