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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

Mon, Apr 13, 2020

Bell quoted in Politico on OPEC diplomacy and US oil jobs

In the News by Atlantic Council

Energy & Environment Oil and Gas

Sun, Apr 12, 2020

OPEC’s historic deal may still not be enough

On April 12, a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and ten other oil producing countries (known as OPEC+) reached a historic deal to cut 9.7 million barrels per day (bpd) to meet the historic challenge of a COVID-19-driven drop in demand. But as the oil market digests OPEC’s and OPEC+’s largest-ever single oil production cut in the face of an overwhelming demand shock, the question remains: will it be enough?

New Atlanticist by Randolph Bell and Reed Blakemore

Oil and Gas Russia

Randolph Bell is the director of the Atlantic Council’s Global Energy Center (GEC), where he oversees the center’s research and programs in Washington and elsewhere, including the annual Atlantic Council Global Energy Forum in Abu Dhabi. He also serves as the co-director of the Atlantic Council’s Task Force on US Nuclear Energy Leadership and is the Richard Morningstar chair for global energy security. He joined the Global Energy Center in 2017 as its director of business strategies. From 2014–2016, Mr. Bell led the launch of the center in his capacity as director of business development and new ventures for the Atlantic Council.

From 2011–2014, Mr. Bell was managing director at the International Institute for Strategic Studies (IISS)–US, where in addition to holding overall responsibility for the operations and programming of the IISS’s Washington, DC office he published extensively on African, South Asian, and cyber security issues. From 2010–2011, he was manager of national security at the Markle Foundation, where he worked on cyber security, intelligence community information sharing, and technology policy issues.

Mr. Bell has an MPP from the John F. Kennedy School of Government at Harvard University, where he was a Public Service and Belfer International and Global Affairs fellow, and graduated magna cum laude from Harvard College.