Video: Global Energy Transition on Oil Markets
Recently Kurt Barrow, Vice President of Oil Markets, Midstream and Downstream research, and Bob Fryklund, Vice President of Energy sat down to discuss the energy transition and what impact IHS Markit sees with crude oil supply and the refining markets.
The challenge of simultaneously meeting growing global energy demand and reducing greenhouse gas emissions has created the platform for a radical energy transition. The transportation sector, where oil demand has become increasingly concentrated, is at the heart of this transition. IHS Markit is addressing questions on high-growth, oil-thirsty sectors that are increasingly attracting the gaze of policymakers.
Using our deep domain expertise across multiple disciplines, we're continuously examining the key forces shaping the global business environment towards lower emissions, including policy, financial climate-related risk and technologies - that have implications for our customers. Our capabilities also support how clients respond to the call from investors for greater disclosure as climate related risks increasingly are incorporated into financial decisions.
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.