Oil Matters Episode 55: The Long and Short of It
What are the key insights from the IEA’s World Energy Outlook and its scenarios?
Key insights from the IEA’s World Energy Outlook and its scenarios: Current Policies, Stated Policies, and Net Zero.
- Why the CPS scenario was reintroduced and what it means for long-term oil demand trends.
- Argus Consulting’s outlook compared to IEA projections.
- Social media reactions and the IEA’s clarification on scenario limitations.
- Short-term market update: crude price stability, refinery outages, sanctions on Russian producers, and OPEC+ supply decisions.
IEA’s World Energy Outlook and its scenarios
This week David discusses some of the reaction to the release of the IEA's World Energy Outlook and goes on to note a short-term crude market that is resisting bearish fundamentals pressures for now.
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