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dc.titleThe Oil Market and the Pandemic: An Analysis of the Price Collapse, Effects and Responses in LAC
dc.contributor.authorSucre, Carlos
dc.contributor.authorCarvajal, Paola
dc.contributor.orgunitInfrastructure and Energy Sector
dc.coverageLatin America and the Caribbean
dc.date.available2020-06-24T00:00:00
dc.date.issue2020-06-24T00:00:00
dc.description.abstractThis technical note reviews and analyses the collapse in oil prices over the first quarter of 2020 and its direct relationship to the spread of the COVID-19 pandemic. It discusses the technical, practical, and financial measures that companies in the oil and gas sector throughout Latin America are implementing to address the situation. These actions are being undertaken largely to keep revenues stable in order to secure access to funds that governments will require to address the pandemic-induced economic crisis and finance the subsequent recovery.
dc.format.extent22
dc.identifier.doihttp://dx.doi.org/10.18235/0002399
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Oil-Market-and-the-Pandemic-An-Analysis-of-the-Price-Collapse-Effects-and-Responses-in-LAC.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectPetroleum
dc.subjectOil Price
dc.subjectOil Production
dc.subjectOrganization of the Petroleum Exporting Countries
dc.subjectCoronavirus
dc.subjectPandemics
dc.subjectEnergy Market
dc.subjectPetroleum Industry
dc.subject.jelcodeQ4 - Energy
dc.subject.jelcodeQ43 - Energy and the Macroeconomy
dc.subject.jelcodeQ41 - Demand and Supply • Prices
dc.subject.keywordsCOVID-19;oil & gas;oil price;oil market;energy economics;geopolitics
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-01942
idb.operationRG-T3348
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