Oil Markets in the Post-Covid-19 World

Oil Markets in the Post-Covid-19 World PDF Author: Mohammed Hamdaoui
Publisher: Trends Research & advisory
ISBN: 9948251121
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
The scale of the socio-economic impact of the Covid-19 pandemic on the global economy has not been witnessed since the Great Depression. Isolation measures, implemented across the globe to contain the virus, confined hundreds of millions of people into their homes, bringing economic activities to a standstill. This crisis has impacted the oil and gas industry in an unprecedented manner. A massive decline in oil demand and a large oversupply, intensified by the price war between Russia and Saudi Arabia, has sent oil prices to levels unseen in decades. While the oil industry has faced several crises that have pushed it to find new ways to conduct business and adapt to changing conditions, the Covid-induced crisis has come when the industry is dealing with increased shareholder activism and intense pressure on the environmental front. Since this is a new phase for the industry, it could also become the catalyst that accelerates the transformation it has started to go through. Oil will continue to play an essential role in the energy mix for many decades. However, oil companies will have to navigate and manage an uncertain future as oil and gas projects will be riskier to develop and consequently require a higher rate of return. They will have to diversify their portfolios and continue shifting toward an integrated business model that embraces the changes caused by the energy transition and the growth in renewable and new technologies.

Oil Markets in the Post-Covid-19 World

Oil Markets in the Post-Covid-19 World PDF Author: Mohammed Hamdaoui
Publisher: Trends Research & advisory
ISBN: 9948251121
Category : Business & Economics
Languages : en
Pages : 47

Get Book Here

Book Description
The scale of the socio-economic impact of the Covid-19 pandemic on the global economy has not been witnessed since the Great Depression. Isolation measures, implemented across the globe to contain the virus, confined hundreds of millions of people into their homes, bringing economic activities to a standstill. This crisis has impacted the oil and gas industry in an unprecedented manner. A massive decline in oil demand and a large oversupply, intensified by the price war between Russia and Saudi Arabia, has sent oil prices to levels unseen in decades. While the oil industry has faced several crises that have pushed it to find new ways to conduct business and adapt to changing conditions, the Covid-induced crisis has come when the industry is dealing with increased shareholder activism and intense pressure on the environmental front. Since this is a new phase for the industry, it could also become the catalyst that accelerates the transformation it has started to go through. Oil will continue to play an essential role in the energy mix for many decades. However, oil companies will have to navigate and manage an uncertain future as oil and gas projects will be riskier to develop and consequently require a higher rate of return. They will have to diversify their portfolios and continue shifting toward an integrated business model that embraces the changes caused by the energy transition and the growth in renewable and new technologies.

The Impact of the COVID-19 Pandemic on International Oil Markets

The Impact of the COVID-19 Pandemic on International Oil Markets PDF Author: Alexander G. Tvalchrelidze
Publisher:
ISBN: 9781536195958
Category : COVID-19 (Disease)
Languages : en
Pages : 0

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Book Description
"This book is dedicated to an in-depth statistical analysis and modelling of international oil markets before and during the COVID-19 pandemic with special attention placed on the oil exporting countries Russia and Iran. It is proven that the negative impact of the pandemic on oil markets is huge and expressed by dramatically diminished volume of derivatives contracts at oil markets resulting in failure of oil prices. The coronavirus pandemic highlighted contradictions between the main geoeconomic playmakers of the world - USA, EU, China and partly Russia - however, only the USA has corresponding economic vehicles and instruments, described in the book, for ruling international oil markets"--

Coronavirus Outbreak and the Great Lockdown

Coronavirus Outbreak and the Great Lockdown PDF Author: Bhaskar Bagchi
Publisher: Springer Nature
ISBN: 981157782X
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
This book captures the dynamic relationship between COVID-19 pandemic, crude oil prices and major stock indices as well as the crude oil prices and stock market volatility that have been caused due to outbreak of this pandemic. The pandemic has changed the world melodramatically and major world markets collapsed in the beginning, affecting major industries in an unprecedented way. The book will be useful to the researcher in the field of finance and economics, and policy makers both at government and private level, keeping in view the present state of economy throughout the world.

The Impact of the COVID-19 Pandemic on International Oil Markets

The Impact of the COVID-19 Pandemic on International Oil Markets PDF Author: Aleksandr Georgievich Tvalchrelidze
Publisher: Nova Science Publishers
ISBN: 9781536196986
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
"This book is dedicated to an in-depth statistical analysis and modelling of international oil markets before and during the COVID-19 pandemic with special attention placed on the oil exporting countries Russia and Iran. It is proven that the negative impact of the pandemic on oil markets is huge and expressed by dramatically diminished volume of derivatives contracts at oil markets resulting in failure of oil prices. The coronavirus pandemic highlighted contradictions between the main geoeconomic playmakers of the world - USA, EU, China and partly Russia - however, only the USA has corresponding economic vehicles and instruments, described in the book, for ruling international oil markets"--

Nonperforming Loans in Asia and Europe—Causes, Impacts, and Resolution Strategies

Nonperforming Loans in Asia and Europe—Causes, Impacts, and Resolution Strategies PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691163
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
High and persistent levels of nonperforming loans (NPLs) have featured prominently in recent financial crises. This book traces NPL trends during and after crises, examines the economic impact of high NPLs, and compares the effectiveness of NPL resolution strategies across economies in Asia and Europe. The book distills important lessons from the experiences of economies using case studies and empirical investigation of ways to resolve NPLs. These findings can be invaluable in charting a course through the financial and economic fallout of the coronavirus disease (COVID-19) pandemic to recovery and sustained financial stability in Asia, Europe, and beyond.

World and Russia's Oil Markets

World and Russia's Oil Markets PDF Author: Eugene Khartukov
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The COVID-19 has dramatically influenced the current global oil market - especially, the Asian one (in China and India). The pandemic impacts the oil demand and supply indirectly - via the lowered oil prices. The largest oil companies were the first to substantially curtail their oil supplies (and investments).

Challenges for the Volatility Forecasts of the US Fossil Energy Spot Markets Under the COVID-19 Crisis

Challenges for the Volatility Forecasts of the US Fossil Energy Spot Markets Under the COVID-19 Crisis PDF Author: Zepei Li
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The outbreak of the Covid-19 pandemic has led to a slowdown in the world's energy trade and changes in the use of energy resources. Meanwhile, global conditions are confused and can affect fossil energy spot markets, including crude oil, gasoline, heating oil, and natural gas. In this paper, for the purpose of exploring the impact of global conditions on fossil energy spot markets during the Covid-19 crisis, we conduct comparative research from a forecasting perspective. We employ a sample of the 2010-2022 range and cut off the sample to investigate the differences before and after Covid-19. Based on the GARCH-MDIAS framework, in-sample estimation shows that all global indicators are significant for forecasting the volatilities of these fossil energy spot prices. Out-sample forecasts reveal that the predictive powers of these global indicators are different. In particular, we can conclude that these global indicators may provide different forecasting information during the pre- and post-Covid-19 periods. Hence, this paper seems to be helpful for decision-makers to formulate and adjust pertinent policies and investments in the case of extreme emergencies in the future.

COVID-19 Pandemic Impact on New Economy Development and Societal Change

COVID-19 Pandemic Impact on New Economy Development and Societal Change PDF Author: Popescu, Cristina Raluca Gh.
Publisher: IGI Global
ISBN: 1668433761
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
Globalization and technological advances have the immense power to create a new economy, address sustainability concerns, and facilitate societal changes. In addition, the COVID-19 pandemic has led to notable modifications in the world economy and society that require adjustments to business models, as well as our way of life. It is critical to understand these new models in our changing society for businesses to not only survive, but to thrive. COVID-19 Pandemic Impact on New Economy Development and Societal Change provides an updated view of the newest trends, novel practices, and latest tendencies concerning the manner of shaping the new economy and accelerating societal change, demonstrating the crucial importance of rethinking the world’s models, priorities, and strategies while seeking a more responsible path for humanity. Covering topics such as tourism and salesmanship skills, this publication is ideal for academicians, researchers, scientists, scholars, practitioners, industry professionals, consultants, instructors, and students.

Money, Markets, and Monarchies

Money, Markets, and Monarchies PDF Author: Adam Hanieh
Publisher: Cambridge University Press
ISBN: 1108429149
Category : Business & Economics
Languages : en
Pages : 315

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Book Description
An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.

Oil and the political economy in the Middle East

Oil and the political economy in the Middle East PDF Author: Martin Beck
Publisher: Manchester University Press
ISBN: 1526149087
Category : Political Science
Languages : en
Pages : 204

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Book Description
The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.