Abstract
The dynamic of the world crude oil market has drastically changed over the last decade. Discoveries and exploitation of large new oil fields of good quality combined with the engagement of States to develop low carbon alternative energies have led to a situation where the global market is no longer demand-driven but shaped by the drive for supply. In other words, the global market of crude oil today is at a tipping point of its existence where its organization has to reinvent itself. In that context, analysing the dynamic correlation between global and regional characteristics is important to understand the stability/instability of the market and associated spill over effects.
| Original language | English |
|---|---|
| Article number | 1199 |
| Number of pages | 2 |
| Journal | Energies |
| Volume | 14 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 23 Feb 2021 |