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Tue, Apr 14, 2020

Oil price war ends, but coronavirus demand crisis remains

The result of the OPEC+ marathon negotiations should help restore some positive market sentiment and possibly firm up something of a price floor over the short term. However, the impact of a month-long price war, amidst deteriorating oil demand, risks eventually drawing the deal into sharp relief over the next few weeks.

New Atlanticist by Reed Blakemore

Coronavirus Energy Markets & Governance

Tue, Mar 24, 2020

The implications of the coronavirus crisis on the global energy sector and the environment

The current drop in oil demand—caused, in large part, by severe reductions in travel due to the coronavirus—combined with the Saudi-Russia oil price war has simultaneously, if temporarily, lowered greenhouse gas emissions (GHG). However, the drop in GHG emissions is likely to be unsustainable in the long term, and the currently low cost of oil has raised questions about the future of clean energy deployment and climate action.

New Atlanticist by Jennifer T. Gordon

Coronavirus Energy & Environment

Neil Robert Brown is a senior fellow with the Atlantic Council’s Global Energy Center. Mr. Brown is managing director at KKR Global Institute and KKR Infrastructure. Previously, Mr. Brown served on the senior staff of the U.S. Senate Foreign Relations Committee and of Senator Richard G. Lugar, and he was a senior advisor at Goldwyn Global Strategies. As the lead for international energy in the Senate, he spearheaded major laws and strategic initiatives in energy security, infrastructure, transparency, and US State Department reorganization and helped expand counter-proliferation efforts through the Nunn-Lugar Global Program. Mr. Brown also serves on the boards of The Lugar Center, US Extractive Industry Transparency Initiative advisory committee for the US Department of Interior, Merton College Charitable Corporation, and Association of American Rhodes Scholars. Mr. Brown graduated with a BA from Harvard University and MSc and MPhil from Oxford University, which he attended as a Rhodes Scholar. Mr. Brown is from Iowa, where his family farm is located.