Columbia Oil Energy Exchange Podcast: Why This Oil Crash is Different

By Columbia Energy Exchange
Published March 20, 2020 | 1 min read

In this edition of Columbia Energy Exchange, three experts who study energy markets, geopolitics, and policy – Helima Croft, Amy Myers Jaffe, and Bob McNally – delve into the complex issues around the global oil market.

The global oil market is in free fall, following the collapse of a meeting last week of OPEC and non-OPEC producers. Saudi Arabia decided to surge its output, sending oil prices tumbling. This historic oil price crash is weighing on stock markets already reeling from the economic effects of the coronavirus pandemic. Low oil prices raise questions about the future of U.S. shale production, OPEC’s credibility and effectiveness, the geopolitical motivations and the fallout for Saudi Arabia and Russia, the fiscal impacts on key oil-producing countries, the implications for the battle against climate change, and much more.

In this edition of Columbia Energy Exchange, three experts who study energy markets, geopolitics, and policy to delve into these complex issues: Helima Croft, Amy Myers Jaffe, and Bob McNally.


Helima Croft
Head of Global Commodity Strategy and MENA Research


Amy Myers Jaffe
Senior Fellow, David M. Rubenstein


Bob McNally
Non-Resident Fellow, Center on Global Energy Policy and Founder and President of The Rapidan Energy Group


Reference: Columbia Energy Exchange, March 14, 2020


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