Podcasts

Back

Energy Demand and the Shadow of Recession

11
August 2023
Saloi El Yamani & Sabrine Emran

 In a constantly evolving global landscape, characterized by a series of impactful shockwaves reverberating across various sectors, the energy sector stands out as one that has been significantly affected. In this podcast episode, we delve into the intricacies of oil supply and demand dynamics in the face of recent shocks and looming recession expectations. We explore the influence of decisions made by oil-exporting countries on these dynamics, and their subsequent impact on prices. Moreover, we scrutinize oil demand patterns, distinguishing between developed and developing countries. Within this framework, we also investigate the role of renewable energy sources, extracting lessons that countries can glean from this context.

RELATED CONTENT

  • Authors
    April 27, 2021
    With a population of approximately 200 million, Nigeria accounts for about half of West Africa's population and has one of the largest concentrations of young people in the world. Endowed with abundant natural resources, Nigeria is one of Africa's largest oil exporters, with an estimated 37 billion barrels of proven crude oil reserves, the majority of which are found in the Niger River Delta and offshore in the Bight of Benin, the Gulf of Guinea and the Bight of Bonny. Nigeria also ...
  • April 12, 2021
    Water resources have become increasingly scarce in several regions of the world, particularly in arid and semi-arid zones. Countries located in these regions are constrained by water scarcity due to their hydro-climatic characteristics and intra- and interannual rainfall fluctuations. I...
  • March 31, 2021
    Depuis la découverte des ressources pétrolières du Nigeria en 1956, le secteur pétrolier a progressivement revêtu une importance considérable, jusqu'à devenir le principal moteur de l'économie du pays : le pétrole brut est le premier poste d'exportations (figure 1) ainsi que le principal pourvoyeur en réserves de devises et de recettes fiscales pour le gouvernement fédéral nigérian (figure 2). Cependant, malgré son importance, le secteur pétrolier n'a pas élargi la base productive d ...
  • Authors
    December 7, 2020
    The pandemic is accelerating history, in the sense that it is leading to the speeding up of some recent trends. In the case of globalization, the pandemic will not reverse it, but it will reshape it. Here we take a bird’s eye view of global trade during the pandemic, relate it to previous trends, and guess how global value chain managers and government trade policymakers are likely to react. A Bird’s Eye View of Global Trade during the Pandemic World trade took a deep dive during ...
  • Authors
    Sang-Hyun Lee
    Amjad T. Assi
    Bassel Daher
    October 5, 2020
    Our Senior Fellow Rabi Mohtar has co-authored with our economist, Fatima Ezzahra Mengoub along other researchers a research paper entitled « A Water-Energy-Food Nexus approach for conducting trade-off analysis: Morocco’s phosphate industry in the Khouribga region » in Hydrology and Earth System Sciences Journal (Volume 24, Issue 10). The study objective was to develop and use the Water-Energy-Food Nexus Phosphate (WEF-P) Tool to evaluate the impact of Morocco’s phosphate industry ...
  • Authors
    April 6, 2020
    The COVID-19 pandemic is evolving into an unprecedented international crisis, with serious consequences for human health and economic activity. While it is still too early to accurately determine the magnitude and persistence of the economic impact of the pandemic, a short-term assessment can be made. This short opinion focuses on the implications for energy markets. The rapid decline in crude oil prices has raised concerns on both the demand and supply sides, making the outlook for ...
  • February 21, 2020
    To strengthen the role of youth as agents of community development, the Policy Center for the New South launched a year ago a call for projects grounded in new and innovative approaches to existing local problems. RENEWIT’s aim is to help with the socio-economic situation in Guyana thro...
  • Authors
    February 17, 2020
    - There are three possible justifications for central banks to engage with climate change issues: financial risks, macroeconomic impacts, and mitigation/adaptation policies. - Regardless of the extent to which individual central banks take action in each of the three areas, they can no longer ignore climate change. Last year, extreme weather events associated with climate change – floods, violent storms, droughts, and forest fires –occurred on all inhabited continents. In at least ...