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
A New Moment for Central Europe? Regional Cooperation in a Time of European Strategic Choices
Recent political developments in Central Europe have revived the debate about the future of regional cooperation and the Visegrád Group. Changes in Hungary, Poland, the Czech Republic and Slovakia, together with Austria’s growing interest in closer cooperation with its neighbours, could create new opportunities for dialogue and coordination around shared priorities.
China’s Nuclear Buildup: Developments, Drivers, and Implications for Major-Power Relations and Arms Control
China has been steadily expanding its nuclear arsenal for several years amid levels of geopolitical tension unseen since the end of the Cold War, marked by a resurgence in nuclear proliferation and a broader, global arms race.
Reinventing Coordination in an Age of Fragmentation
The world economy is being reordered. The certainties of the post-Cold War era, open trade, dollar centrality, predictable multilateral coordination, are giving way to a landscape shaped by rivalry between the United States and China, the weaponization of interdependence, and a scramble to secure supply chains, technologies and critical resources. What once looked like a stable architecture now appears fragile, contested, and in places actively being dismantled.