The global oil market has been dramatically impacted by a historic demand shock resulting from the reaction to the Covid-19 pandemic and a price war between two of the world’s largest producers — Saudi Arabia and Russia. In an attempt to bring some stability to the oil market, Saudi Arabia, Russia and other oil-producing states have promised to make the largest production cuts the world has ever seen. Despite this, significant economic and political uncertainties remain. At this webinar, a panel of experts from the Center for Energy Studies continued their discussion of these unprecedented times and addressed some of the key uncertainties moving forward.
Kenneth B. Medlock III, Ph.D.
James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics; Senior Director, Center for Energy Studies
Jim Krane, Ph.D.
Wallace S. Wilson Fellow for Energy Studies
Fellow in Energy and Global Oil