Author: Philip K. VerlegerPublisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 336
Book Description
Oil Markets in Turmoil
Author: Philip K. VerlegerPublisher:
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 336
Book Description
Dampening Turmoil in the Oil Market
Author: Ronald L. SmithThe Economics of the Oil Crisis
Author: Cyrus BinaPublisher: Merlin Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
U.S. Oil Sources
Author: Natalie B. KelleherPublisher:
ISBN: 9781621004158
Category : Energy policy
Languages : en
Pages : 0
Book Description
Despite long standing concern by policy makers, U.S. oil imports have generally increased for decades. This book explores U.S. oil sources with a focus on the U.S.-Canada energy relationship; the Keystone XL Pipeline project; Middle East and North Africa unrest and the implications for oil and natural gas markets; Egypt's turmoil on the global oil and natural gas supply; hedge fund speculation and oil prices; and, The Strategic Petroleum Reserve and Refined Product Reserves Act.
Shipping Markets in Turmoil
Author: Nektarios MichailPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
In the current study, we examine, for the first time in the literature, the impact of exogenous effects in the shipping industry by employing data from the recent COVID-19 pandemic outbreak and explore the reactions of freight rates for dry bulk, clean, and dirty tankers. Our results, using both GARCH (1,1) and VAR specifications, suggest that such events are directly affecting the dry bulk and the dirty tanker segments. In addition, the results also suggest that second round effects, mostly via the decline in oil prices and, in some cases, third round effects via the impact from the stock market, also exist. Finally, by employing daily port calls a proxy variable for the demand for transportation services, we show that both the dry bulk and clean tankers are highly affected by the demand side of the economy, while vessels which transport crude oil do not register such a relationship.
Oil and the political economy in the Middle East
Author: Martin BeckPublisher: Manchester University Press
ISBN: 1526149087
Category : Political Science
Languages : en
Pages : 204
Book Description
The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.
Turmoil in South America and the Impact on Energy Markets
Author: Lisa ViscidiPanic at the Pump
Author: Meg JacobsPublisher: Macmillan
ISBN: 0809058472
Category : Business & Economics
Languages : en
Pages : 385
Book Description
"A detailed historical narrative of the U.S. energy crisis in the 1970s and how policymakers responded to the turmoil"--
Oil, Dollars, Debt, and Crises
Author: Mahmoud A. El-GamalPublisher: Cambridge University Press
ISBN: 0521896142
Category : Business & Economics
Languages : en
Pages : 232
Book Description
This book explains the links between past and present oil crises, financial crises, and geopolitical conflicts.
The Oil Kings
Author: Andrew Scott CooperPublisher: Simon and Schuster
ISBN: 1439155186
Category : Business & Economics
Languages : en
Pages : 544
Book Description
Relying on a rich cache of previously classified notes, transcripts, cables, policy briefs, and memoranda, Andrew Cooper explains how oil drove, even corrupted, American foreign policy during a time when Cold War imperatives still applied, and tells why in the 1970s the U.S. switched its Middle East allegiance from the Shah of Iran to the Saudi royal family. Amid the oil shocks of the early 1970s, there was one man the U.S. could rely on: the Shah of Iran. The Shah sold us oil; we sold him weapons. But the U.S. and other industrialized economies could not tolerate repeated annual double digit increases in oil prices. During the 1976 election campaign, President Gerald Ford decided that he had to find a country that would break the OPEC monopoly and sell the U.S. oil more cheaply. On the advice of Treasury Secretary William Simon -- and against the advice of Secretary of State Henry Kissinger -- Ford made a deal to sell advanced weaponry to the Saudis in exchange for a more moderate price hike in oil. The Shah's economy was destabilized, and disaffected elements mobilized to overthrow him. The U.S. had embarked on a long relationship with the autocratic Saudi kingdom that continues to this day.