Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
Ilan Goldenberg, Jessica Schwed and Kaleigh Thomas
As tensions rise in the Strait of Hormuz, Ilan Goldenberg, Jessica Schwed, and Kaleigh Thomas examine three scenarios for military conflict between Iran and the United States and assess the potential impacts on global oil prices—as one specific representation of the immediate economic impact of conflict—as well as broader strategic implications.
Some regard Latin America as the world’s new oil frontier. Mauricio Cárdenas explains that although Brazil is well placed to ramp up production, Mexico and Venezuela seem unlikely to reverse declining production anytime soon.
The United Arab Emirates, especially Abu Dhabi, is a crucial player on the global energy stage. The UAE is one of the world’s 10 largest oil producers and a critical member of OPEC, the Organization of Petroleum...
CEO for Petroleum & Petrochemicals, Mubadala Investment Company
On the global energy scene, oil, gas, and petrochemicals still play a prominent role, even as sustainability concerns become steadily more and more urgent. Investors are pressing for greater efficiency, reduced...