Olga, Evseeva (2023): Изменение долгосрочных прогнозов развития мирового рынка нефти под влиянием нового геополитического фактора. Published in: Economics and Management: Problems, Solutions , Vol. 3, No. 6 (30 June 2023): pp. 54-67.
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Abstract
Predicting the global oil market for the long term, both oil companies and analytical centers use a systematic approach, striving to take into account all the main factors affecting the sensitive oil market. Each new factor affects the market in a new way, setting new vectors of development or restrictions. The climate factor that had been in effect until recently, which prompted the global energy market to restructure taking into account the gradual reduction of CO2 emissions, was replaced by a pandemic factor that limited the development of demand for oil. The latest recent factor was the factor of political decisions related to the escalation of the conflict between Russia and Ukraine, which resulted in unprecedented sanctions pressure on the Russian economy. The forecasting entities represented by BP Oil Company, the International Energy Agency and OPEC have once again revised their forecasts for the development of the oil market. This article is devoted to the analysis of these forecasts, as well as comparison with previous forecasts made after the pandemic.
Item Type: | MPRA Paper |
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Original Title: | Изменение долгосрочных прогнозов развития мирового рынка нефти под влиянием нового геополитического фактора |
English Title: | Changing long-term forecasts for the development of the world oil market under the influence of a new geopolitical factor |
Language: | Russian |
Keywords: | pandemic, geopolitics, forecasting subjects, sanctions, scenarios, forecast, oil market, world oil demand, world oil supply, oil price, oil companies, trends |
Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q47 - Energy Forecasting |
Item ID: | 119259 |
Depositing User: | Mr. Mikhail Filkin |
Date Deposited: | 29 Nov 2023 09:19 |
Last Modified: | 29 Nov 2023 09:19 |
References: | 1. Evseeva O.V. (2022) The impact of the pandemic on long-term forecasts of the world oil market. Economics and management: problems, solutions. Volume I, pp.54-75. (In Russ.). 2. British Petroleum (2021) "Statistical Review of World Energy — 2021". 3. Federal Customs Service https://customs.gov.ru/statistic 4. Novak A.V. Russian Fuel and energy sector 2022: challenges, results and prospects. https://energypolicy.ru/rossijskij-tek-2022-vyzovy-itogi-i-perspektivy/business/2023/12/13/ 5. Energy Outlook 2019. URL:https://www.bp.com/en/global/corporate/energy-economics/energy-outlook.html. 6. Energy Outlook 2020. URL: http://www.bp.com/energyoutlook 7. Energy Outlook 2022. URL:https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/energy-outlook/bp-energy-outlook-2022.pdf 8. Energy Outlook 2023. URL:https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/energy-outlook/bp-energy-outlook-2023.pdf 9. World Oil Outlook 2040. URL: https://www.opec.org/opec_web/static_files_project/media/downloads/publications/WOO_2019.pdf 10. World Oil Outlook 2045. URL: https://www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_WOO2020.pdf 11. World Oil Outlook 2045. URL: https://www.opec.org/opec_web/static_files_project/media/downloads/publications/OPEC_WOO2022.pdf 12. World Energy Outlook 2019. URL: https://www.iea.org/reports/world-energy-outlook-2019 13. World Energy Outlook 2020. URL: https://www.iea.org/reports/world-energy-outlook-2020 14. World Energy Outlook 2021. URL: https://www.iea.org/reports/world-energy-outlook-2021 15. World Energy Outlook 2022. URL: https://www.iea.org/reports/world-energy-outlook-2022 |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/119259 |