What do a coal shortage in China, a cold winter in Europe and oil's rally to a three-year high have in common?
Herman Wang, managing editor at S&P Global Platts, joins co-hosts Mustafa Alrawi and Kelsey Warner this week to answer that, and what to expect going forward.
They discuss what will happen to oil prices amid the energy crisis and how we got here. The answers are more complicated than tidy narratives about underinvestment in hydrocarbons amid the energy transition, or basic fundamentals of supply and demand.
Hosted by Mustafa Alrawi and Kelsey Warner
Produced by Arthur Eddyson and Ayesha Khan
In this episode
How did the energy crisis happen? (0m 40s)
How long will this crisis last? (3m 12s)
The reaction from Opec+, US and China (5m 57s)
COP26 and the energy transition (10m 14s)
Oil demand towards 2050 (15m 10s)
Read more
Brent nears $85 amid continued energy shortage
Explainer: What the path to net-zero and carbon neutral means
Oil prices could hit '$100 per barrel by the end of 2021', Roubini says
Clean energy investment needs to triple over the next decade, IEA says
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
How to help
Donate towards food and a flight by transferring money to this registered charity's account.
Account name: Dar Al Ber Society
Account Number: 11 530 734
IBAN: AE 9805 000 000 000 11 530 734
Bank Name: Abu Dhabi Islamic Bank
To ensure that your contribution reaches these people, please send the copy of deposit/transfer receipt to: juhi.khan@daralber.ae
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