Talk About Crude. Fluctuating Oil and COVID-19
NDCF-EGIC Joint Webinar – June 3, 2020, Zoom Platform




  • Anas F. Alhajji, Energy Markets Expert, Researcher, Author, Speaker, Contributing Editor for World Oil, previously Managing Partner at Energy Outlook Advisors LLC and Chief Economist of NGP Energy Capital Management;

  • Demostenes Floros, Senior Energy Economist, CER-Centro Europa Ricerche, collaborates with WE-World Energy edited by ENI and the Geopolitical magazine LIMES, Contract Professor of the Master “Italy-Russia International Relations”, University of Bologna;

  • Nicolas Mazzucchi, Research Fellow in charge of cyber, energy and primary goods issues, Fondation pour la Recherche Stratégique (FRS), formerly in charge of energy analysis at the French Ministry of the Armed Forces;

Moderator: Alessandro Politi, Director, NATO Defense College Foundation




As COVID-19 continues to ravage international trade and heap pressure onto political relations, it is important to begin to understand what has set in motion the pandemic in the short-term (plummeting US oil prices and sharp reductions for other crudes) and what will be the consequences in the next semester in terms of geopolitical and geoeconomic terms. To build a well-rounded understanding of the COVID-oil relationship, four actors or regional settings must be accounted for: the USA, Russia, China, the Arab Gulf and the EU, since these represent an important mixture of key producing and consuming states.

The current tensions within and among different actors are evidently a concern for NATO in its role of political-military alliance in the Euro-Atlantic region and the only effective trans-regional security provider, that includes openly energy security of supply in its priority list

This webinar titled “Talk About Crude — Fluctuating Oil and COVID-19”, co-organised by the NATO Defense College Foundation and the Euro-Gulf Information Centre, brings specialists and practitioners together to flesh-out some the more pressing issues while anticipating what comes next.

A sample of a wider range of questions under scrutiny may include:

  1. What caused the so-called ‘oil price war’ and what are its remedies?
  2. Are there clear international changes being spawned from such oil fluctuations and the outbreak of COVID-19?
  3. Energy alliances are being redefined, but in what ways?
  4. What is the current relationship between producing and consuming states and how is the pandemic and its likely severe recession impacting it?


The Middle East after Coronavirus (Joint Webinar)
Zoom – 21 April, 2020

Confronting Criminal/Terrorist Threats. The reshaping of non-state actors
Rome – 9 December, 2019

Arab Geopolitics after the Caliphate.
How to exit the fragmentation trap

Rome – 9 October, 2019

Book Presentation “Shaping Security Horizons. Strategic Trends (2012-2019)”
Rome – 15 July, 2019

NATO at 70: Refocusing for Change?
Washington D.C. – 27 June, 2019

Balkan Perspectives – Adapting the partnership and integration paths
Rome – 16 May, 2019

Targeting the de-materialised “Caliphate”. Extremism, radicalisation and illegal trafficking
Rome – 6 December, 2018

Book presentation “I Balcani occidentali al bivio. La NATO, KFOR e il ruolo dell’Italia”
Rome – 17 October, 2018

Afghanistan and Central Asia: Looming priorities and regional un-balances
Rome – 4 October 2018

NATO versus the new global threats
Rome – 15 June 2018

Africa in Action: Tailoring security to real needs and threats
Rome – 8-9 May 2018

Book presentation “PEACEMAKERS. American Leadership and the End of Genocide in the Balkans”
Rome – 12 March 2018

The Western Balkans at a Crossroads 
Rome – 6-7 December 2017

Arab Geopolitics from Turmoil – Balances, Stability and Regional Order
Rome – 5-6 October 2017

Is NATO indispensable?
The Brussels Summit
Rome – 18 May 2017

Balkan Networks and Stability
Rome – 6-7 April 2017

Book Presentation
Rome – 7 December 2016

Deep Maghreb: (in)security and stability – North Africa and its Sahel dimension
Rome – 30 November 2016

CBRN Risks in Maritime and Land Containers Transport
Rome – 25-27 May 2016

NATO in a world of disorder
Rome – 25 May 2016

Arab Geopolitics in Turmoil
Rome – 25-26 February 2016

Eurasia and armed radicalism
Berlin – 27 January 2016

NATO Summit 2016 Advisory Panel meeting
Rome – 25 September 2015

The shaping of Eastern Europe
Rome – 18-19 May 2015

The futures of integration
Rome – 7-8 October 2014

Game changers
Rome – 13-14 February 2014

Afghanistan to 2014 and beyond
Rome – 7-8 February 2013

NATO and the Arab Spring
Rome – 17-18 November 2011