The global economic downturn has added uncertainty to an already hazy outlook for fuels by affecting future investments in supply as well as potential growth in demand. These impacts follow on structural changes already underway in the marketplace, which had seen shrinking consumption in the US while Asian demand accelerated. The workshop will assess these implications on future levels of supply and demand for fuels including the resulting shifts in global trade flow patterns.
- Which primary drivers have shaped the current market environment and those to watch going forward
- Impact of the recession on key markets and affects on global fuels
- How post-recession pathways could create significant changes for the future
- How and why future trade flows could be different depending on the chosen path