Crude Oil Markets in 2015 – the battle for market share

In collaboration with OIES and KAPSARC, Clingendael International Energy Programme (CIEP) hosted a workshop in March 2015 to discuss the structural changes shaping the crude oil and petroleum products markets and the shifts in trade flows. The general view was that apart from the structural changes in crude oil supply and demand, oil product markets are also rapidly changing, creating even more complex import and export relationships among countries. As refined product exports increasingly displace crude exports among some of the major producers, producers and end-consumers will be bound by more varied chains of trade in refined products.

By: OIES

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