In recent years, global oil markets have experienced intensified competition driven by growing surpluses of lighter crude and shale oil. As their margins have shrunk, many producers have increased output in order to boost revenue, adding to the oversupply. Meanwhile, global market dynamics have been upended, with many predicting that the United States will become the primary swing supplier of crude oil (Morse 2018). This atmosphere is particularly challenging for those major oil companies subject to strict production quotas, as they seek to maximize profitability while maintaining constant levels of crude oil production and sales.
Visiting Researcher- Oil & Gas
Dr. Considine is an Honorary Senior Research Fellow at the CEPMLP in Scotland, where she has developed courses and seminars…
Dr. Considine is an Honorary Senior Research Fellow at the CEPMLP in Scotland, where she has developed courses and seminars on various topics related to the energy industry. She has published a book and several papers on energy politics, world oil market projections, and the Russian oil economy and its future role in the global energy market. She has also consulted for several energy companies and organizations, such as Coastal Corp. Ecopetrol, ANR Pipeline Company, Husky Energy, Pieridae Energy, and the University of Texas at Austin School of Law. She is passionate about advancing knowledge and understanding of the energy sector and its complex dynamics. Dr. Considine holds a Ph.D. in Economics from the University of Aberdeen and a master’s degree in Economics from the University of Chicago.
Expertise
- World oil and inventories
- Commodity trading and technology
- Russian oil industry
- Econometrics options pricing
- Commercial strategies
Publications See all Jennifer Considine’s publications
Is the Shale Oil Rush Over?
In recent years, global oil markets have experienced intensified competition driven by growing surpluses of…
20th November 2023The Effects of a Shock to Critical Minerals Prices on the World Oil Price and Inflation
In recent years, global oil markets have experienced intensified competition driven by growing surpluses of…
1st November 2023