Is the market “broken”? What can we expect now?
For weeks, COVID19 has monopolized the titles, news, articles, blogs, opinions and comments. We are not going to talk about what the arrival of this virus has meant, but it is necessary to reflect on the scenario in which energy markets are now, on which we [...]
The virus that popped (or didn’t pop) the bubble
The coronavirus has caused an unprecedented global health and economic crisis. The energy sector, as a key actor, has been particularly affected by this crisis, but is also a key sector for the global response and recovery efforts. Energy security continues to be an area of [...]
OPEC+ new deal: The antidote? Or just another vaccine?
After one month of a dramatic break-up and a beginning of an oil war between Russia and the Saudi Arabia, history was made last Sunday with a renewed agreement achieved by OPEC + of 9.7 million barrels per day (mbpd) oil output cut. A 10 million [...]
Pandemics and oil
Global oil and gas markets are facing an unprecedented situation: demand is collapsing because of the impact of the coronavirus (COVID-19) while supply, already overabundant, is significantly increasing. In some countries, large-scale production and exports of oil and gas provide vital income to finance their national [...]
Royal Decree to alleviate the COVID-19 crisis in energy
On Tuesday 31 March 2020, the Council of Ministers approved a new package of economic and social measures to complement and reinforce the measures adopted by the government over the last three weeks to minimise and counteract the impact of COVID-19. For the energy sector, they [...]
Italy: a country on its knees. The energy sector hard hit by the COVID-19 spread.
Today we are talking about a subject that is particularly close to my heart, which is my country of origin, Italy. In recent weeks, it has been the first in our continent to be the main character of the coronavirus fury. We will see how the [...]