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World Oil Market in Q2 2022
[Ситуация На Мировом Рынке Нефти Во Втором Квартале 2022 Г]

Author

Listed:
  • Andrey S. Kaukin

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

  • Eugenia M. Miller

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

The main uncertainties for the world oil market in H2 2022 are as follows: sanctions on Russian exports of oil and oil products, their scale and duration; formal completion of the OPEC+ deal in September 2022 and chances and terms of its extension. The research was conducted as part of the RANEPA state assignment «Transformation potential and risks of development of segments of the Russian energy sector in the context of the gradual displacement of fossil fuels by renewable energy sources».

Suggested Citation

  • Andrey S. Kaukin & Eugenia M. Miller, 2022. "World Oil Market in Q2 2022 [Ситуация На Мировом Рынке Нефти Во Втором Квартале 2022 Г]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 9, pages 15-23, September.
    • Handle: RePEc:gai:recdev:r2274
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    More about this item

    Keywords

    oil; global oil market; Russian oil market; oil production; oil price; OPEC+; sanctions;
    All these keywords.

    JEL classification:

    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation

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