IEA's Medium-Term Oil Market Report 2014
The CSIS Energy and National Security Program is hosted Antoine Halff, Head of the Oil Industry and Markets Division at the International Energy Agency to present the IEA's Medium-Term Oil Market Report. The non-conventional supply revolution that is transforming the North American oil patch has been widely recognized as a game changer for the oil markets and industry, but how is this transformation playing out against the backdrop of other relevant market developments? How long can the US oil boom be expected to last, and what will it take for other countries to replicate this success story? What is holding up OPEC supply growth, and what will OPEC production capacity look like by the end of the decade? These are just some of the questions addressed in the 2014 edition of the Medium-Term Oil Market Report (MTOMR), making the report's insights into the oil market for the next five years essential reading for energy industry and market stakeholders, policy makers and all those interested in energy and the broader economy. Sarah Ladislaw, Director and Senior Fellow with the CSIS Energy and National Security Program, moderated.