Oil Market Mayhem Redux: The market and geopolitical implications of the OPEC+ and G20 negotiations

An expert briefing on the details of the OPEC meeting and G20 summit and what those decisions mean for the market, geopolitics, and the future of the oil industry.

An unprecedented crisis in the oil market is looming. With demand in free-fall, a price war bringing oil prices to multi-decade lows, and a flood of oil supplies overwhelming available storage, a consensus to take action is emerging – but the parties have struggled to agree about what type of action and by whom. As OPEC concludes an extraordinary meeting of OPEC and non-OPEC members and Saudi Arabia hosts an emergency meeting of the G20, the intersection of energy markets and geopolitics is shaping how the global community responds to the oil market crisis (and whether it is enough). What emerges from these four days will have a transformative effect on the market long after the coronavirus passes.

As markets digest these moves on Monday, please join the Atlantic Council Global Energy Center for an expert briefing on the details of the OPEC meeting and G20 summit and what those decisions mean for the market, geopolitics, and the future of the oil industry.

Anders Aslund
Senior Fellow, Eurasia Center
Atlantic Council

Helima Croft
Managing Director and Global Head of Commodity Strategy
RBC Capital Markets

Kirsten Fontenrose
Director, Scowcroft Middle East Security Initiative
Atlantic Council

David Goldwyn
Chair, Energy Advisory Group
Atlantic Council

Robert J. Johnston
Managing Director, Energy, Climate, and Natural Resources & Executive Advisor
Eurasia Group

Moderated by
Randolph Bell
Director, Global Energy Center and Richard Morningstar Chair for Global Energy Security
Atlantic Council