High Uncertainty Keeps Oil Market on Edge

Our Privacy Policy has been updated! The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you acknowledge our privacy policy and consent to the use of cookies.

Geopolitics Hub

Navigating the Rapidly Changing World Order

Geopolitics updates delivered directly to your inbox

As the war in Ukraine continues, insights from The Conference Board help businesses navigate today's volatile landscape. Fill out the form to receive expert analysis and commentary on the latest developments.

High Uncertainty Keeps Oil Market on Edge

April 04, 2022 | Report

Following the historic decline in oil demand and prices caused by the COVID-19 pandemic and as the oil market began to recover, Russia invaded Ukraine. Consequently, the oil market has gone into upheaval with higher prices and risks of shortages. What is driving the volatility and what is the role of major oil exporters and importers in calming markets? Where are the oil and gas markets heading in the short and medium-term? We shed light on drivers of the volatility and answer questions about what follows from here.

AUTHOR

Hiba Itani

Former Senior Economist
The Conference Board Gulf Center for Economics and Business Research

CREATE AN ACCOUNT SIGN IN
Download REPORT

Only available to members. Become a member.

Article

BRICS and G-20: Seeking Alternatives to the Western-Led Order

While the summit sought to promote alternative payment and trading systems outside the Western-led financial institutions, progress is extremely slow.

LEARN MORE Yellow and white frame illustration