Energy Intelligence Interactive

Oil and gas markets have been fundamentally reshaped by the Ukraine war, with sweeping sanctions, new trade flows and the emergence of a parallel market in Russian oil. What should markets expect this year and are these changes permanent?

Energy markets face another tumultuous year in 2023 as intense global geopolitics combine with economic, climate and pandemic pressures.

Russia's invasion of Ukraine has roiled oil, gas and broader commodity markets, sending prices higher and unleashing intense volatility. Will this get worse or better? How high will prices go? How long will the turbulence last?

2022 promises to be an action-packed year for the energy industry.

The run-in to year-end has begun with greater volatility and a growing divide between energy producers and consumers. Listen to Energy Intelligence's oil market experts discuss the key drivers of the recent market unease, and what to expect from key consumers and producers looking ahead to 2022.

After a year of effective market management, a fairly innocuous Opec-plus meeting turned into a standoff over tapering cuts and extending the current deal through the end of 2022.

The year so far has seen oil prices rise, with Opec-plus support, but questions linger around demand’s ability to recover, given ongoing Covid-19 issues in key regions. Despite this, we remain optimistic about the prospects for further market rebalancing.

The year has started against a positive backdrop for equity markets, oil prices and expectations for a gradual demand recovery. While some of these may be supportive for the North American energy landscape, we continue to be cautious for several reasons ranging from limited capital to an incoming Biden administration and other factors.

After the US Presidential election and a wave of positive vaccine updates improving the macro backdrop, oil prices have been buoyed with Brent nearly touching $50/bbl. Demand continues to face uncertainties over the next few months, and Opec-plus remains a critical bridge to supporting oil markets until consumption can fully normalize. While the group’s discussions over the last several months have gone fairly smoothly, it faces a tougher balancing act ahead.

For some time, the oil market has been focused on the supply side, including growing disruptions from the Russia-Ukraine war. However, Energy Intelligence is focused more on growing demand-side risks, including the very real possibility of a global recession. Please join experts to explore our latest outlook.Hosted by: Ahbi Rajendran, Head of Global Oil/North America Research. Panelist: Julien Mathonniere, Senior Oil Markets Correspondent/Analyst

Oil markets have seen a hot start to the year, supported by both fundamentals and an escalation of geopolitical tensions. In this podcast, Energy Intelligence experts Abhi Rajendran, Amena Bakr and Colby Connelly explore the key drivers of today’s market, and what to expect from Russia/Ukraine, Iran, Opec-plus and other variables through 2022. Hosted by: Abhi Rajendran, Head of Oil/Downstream/North America Energy Research. Panelist: Amena Bakr, Chief Opec Correspondent, Deputy Bureau Chief DubaiColby Connelly, Senior Analyst, Research & Advisory

Increasingly strained oil markets have multiple factors to navigate heading into the winter, including a US-Opec-plus faceoff over prices, Iran negotiations and high gas/LNG/coal prices boosting demand. Our oil markets experts discuss these variables and our outlook ahead into 2022.