Will COVID-19 Change Oil Markets Forever?

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A New World Post COVID-19

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DC Field	Value
dc.identifier	ECF_chapter_4194
dc.contributor.author	Kalyuzhnova Yelena
dc.contributor.author	Lee Julian
dc.title	Will COVID-19 Change Oil Markets Forever?
dc.type	Chapter
dc.language.iso	en
dc.description.abstract	The oil market is experiencing unprecedented dislocations in 2020. The industry is trying to cope with the biggest slump in demand ever recorded, as governments around the world try to tackle the COVID-19 pandemic. Will oil demand return to a pre-pandemic ‘normal’, or will the outbreak hasten a peak in oil demand? Will patterns of oil consumption change and, if so, what pressures will that place on an industry already struggling to adapt to growing environmental concerns and a demand for carbon-free energy? The paper will explore the options.
dc.relation.ispartof	Innovation in Business, Economics & Finance
dc.publisher	Edizioni Ca’ Foscari - Digital Publishing, Fondazione Università Ca’ Foscari
dc.issued	2020-07-31
dc.dateAccepted	2020-06-30
dc.dateSubmitted	2020-06-03
dc.identifier.uri	http://edizionicafoscari.it/en/edizioni4/libri/978-88-6969-443-1/will-covid-19-change-oil-markets-forever/
dc.identifier.doi	10.30687/978-88-6969-442-4/012
dc.identifier.eissn	2784-8574
dc.identifier.isbn
dc.identifier.eisbn	978-88-6969-442-4
dc.rights	Creative Commons Attribution 4.0 International Public License
dc.rights.uri	http://creativecommons.org/licenses/by/4.0/
item.fulltext	with fulltext
item.grantfulltext	open
dc.peer-review	yes
dc.subject	Energy demand
dc.subject	Energy demand
dc.subject	Energy supply
dc.subject	Energy supply
dc.subject	OPEC
dc.subject	OPEC
dc.subject	Oil markets
dc.subject	Oil markets
dc.subject	Oil prices
dc.subject	Oil prices

Chapter
open access peer reviewed

Will COVID-19 Change Oil Markets Forever?

Yelena Kalyuzhnova Henley Business School, University of Reading, UK

Julian Lee Bloomberg

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abstract

The oil market is experiencing unprecedented dislocations in 2020. The industry is trying to cope with the biggest slump in demand ever recorded, as governments around the world try to tackle the COVID-19 pandemic. Will oil demand return to a pre-pandemic ‘normal’, or will the outbreak hasten a peak in oil demand? Will patterns of oil consumption change and, if so, what pressures will that place on an industry already struggling to adapt to growing environmental concerns and a demand for carbon-free energy? The paper will explore the options.

Published

July 31, 2020

Accepted

June 30, 2020

Submitted

June 3, 2020

Language

EN

ISBN (EBOOK)

978-88-6969-442-4

Keywords: OPEC • Oil prices • Energy supply • Oil markets • Energy demand

permalink: http://doi.org/10.30687/978-88-6969-442-4/012

Copyright: © 2020 Yelena Kalyuzhnova, Julian Lee. This is an open-access work distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction is permitted, provided that the original author(s) and the copyright owner(s) are credited and that the original publication is cited, in accordance with accepted academic practice. The license allows for commercial use. No use, distribution or reproduction is permitted which does not comply with these terms.