Publications /
Policy Brief

Back
Le rebond des prix pétroliers : le « fine tuning » de l'OPEP en question
Authors
November 21, 2016

En actant, fin septembre 2016, qu'il était nécessaire de réduire l'offre de brut, l'Organisation des pays producteurs de pétrole (OPEP) a de toute évidence marqué les esprits. Conjugué à l'amélioration de certains fondamentaux, l'accord de principe ainsi obtenu a créé les conditions d'un rebond des prix pétroliers. Des dynamiques spéculatives visant à tirer profit de cette embellie sont néanmoins à l'œuvre, dans un contexte de marché où les surcapacités de production demeurent présentes. La remontée des cours demeure fragile et ce n'est que si l'OPEP parvient à donner à cet accord une portée opérationnelle sur le moyen terme qu'un changement de paradigme pourra s'effectuer. Outre les contraintes (géo) politiques fortes que cela implique, force est de constater que la tâche sera rude. L'OPEP devra en effet composer avec la réalité de l'offre mondiale et s'engager dans une politique de « fine tuning » visant à maintenir les cours dans une bande de fluctuation permettant d'améliorer la situation financière de ses membres, sans néanmoins (trop) relancer la production des autres pays producteurs.

RELATED CONTENT

  • Authors
    February 9, 2022
    The geographic position of Morocco and its history makes it a strategic country when it comes to matters of international migration. Having long been considered as a country of origin, the fast paced growing development of Morocco soon brought it from being merely a sending country to becoming a transit and destination to migrants from other parts of Africa. This change in the migratory context of Morocco has led to the adoption of a series of policies and governmental actions to ta ...
  • February 9, 2022
    In a country as stable as Germany, changes of Chancellor are a rarity. Angela Merkel stayed in power for sixteen years, as did Helmut Kohl in his time. The new three-party coalition (Social Democrats, Greens, Liberals) intends to shake up the country. How should Africa approach this new leadership? Can the new government bring momentum to Euro-African relations? Can Berlin bring about a clear understanding of Africa’s development issues and geopolitical subtleties? ...
  • February 8, 2022
    This year marks the 50th anniversary of the declaration of the “war on drugs” by President Richard Nixon. Since then, law-enforcement responses are primarily used to counter the production, trafficking and consumption of illegal drugs. The international control regime based on the prohi...
  • February 8, 2022
    This year marks the 50th anniversary of the declaration of the “war on drugs” by President Richard Nixon. Since then, law-enforcement responses are primarily used to counter the production, trafficking and consumption of illegal drugs. The international control regime based on the prohi...
  • February 8, 2022
    This year marks the 50th anniversary of the declaration of the “war on drugs” by President Richard Nixon. Since then, law-enforcement responses are primarily used to counter the production, trafficking and consumption of illegal drugs. The international control regime based on the prohi...
  • Authors
    February 3, 2022
    His message was one of reassurance, just as a great leader has to react in a crisis. The concerns about Covid 19 was nothing but “a frenzy and psychosis”. The President knew the secret to defeat the virus: vodka, sauna, tractor. Didn’t a US president named Donald Trump suggest  that toilet cleaning disinfectants chase the virus out of infected lungs on national television? (New York Times, April 24, 2020) That was Trump-speak, sure, but the man who uttered the tractor/vodka/nonsense ...
  • Authors
    February 3, 2022
    COVID-19 has ravaged nearly every country in the world, with the globalization of recent decades intensifying its spread. As of mid-2021, the world had spent $16.5 trillion—18% of global GDP—to fight the disease. And that amount does not even include the most important losses such as deaths, mental health effects, restrictions on human freedom, and other nonmonetary suffering. Nearly 90% of this spending was by developed economies, with the rest by emerging market and developing eco ...