Author: Organization of the Petroleum Exporting CountriesPublisher:
ISBN: 9783950307306
Category :
Languages : en
Pages : 29
Book Description
Long-term Strategy
Author: Organization of the Petroleum Exporting CountriesPublisher:
ISBN: 9783950307306
Category :
Languages : en
Pages : 29
Book Description
OPEC - Long-Term Strategy
Author: OPEC.OPEC Long-term Strategy
Author: Organization of Petroleum Exporting CountriesPublisher:
ISBN:
Category : International trade
Languages : en
Pages : 26
Book Description
An Analysis of OPEC’s Strategic Actions, US Shale Growth and the 2014 Oil Price Crash
Author: Mr.Alberto BeharPublisher: International Monetary Fund
ISBN: 1475534116
Category : Business & Economics
Languages : en
Pages : 36
Book Description
In November 2014, OPEC announced a new strategy geared towards improving its market share. Oil-market analysts interpreted this as an attempt to squeeze higher-cost producers including US shale oil out of the market. Over the next year, crude oil prices crashed, with large repercussions for the global economy. We present a simple equilibrium model that explains the fundamental market factors that can rationalize such a "regime switch" by OPEC. These include: (i) the growth of US shale oil production; (ii) the slowdown of global oil demand; (iii) reduced cohesiveness of the OPEC cartel; (iv) production ramp-ups in other non-OPEC countries. We show that these qualitative predictions are broadly consistent with oil market developments during 2014-15. The model is calibrated to oil market data; it predicts accommodation up to 2014 and a market-share strategy thereafter, and explains large oil-price swings as well as realistically high levels of OPEC output.
The Evolution of OPEC Strategy
Author: Fariborz GhadarPublisher: Great Source Education Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
Book Description
Energy and Security
Author: Jan H. KalickiPublisher: JHU Press
ISBN: 1421411865
Category : Nature
Languages : en
Pages : 663
Book Description
For more than a century, energy and its procurement have been central to the U.S. position as a world power. How can U.S. relations with established producer nations ensure the stability of energy supplies? How can non-OPEC resources best be brought to the international marketplace? And what are the risks to international security of growing global reliance on imported oil? n Energy and Security: Toward a New Foreign Policy Strategy, Jan H. Kalicki and David L. Goldwyn bring together the topmost foreign policy and energy experts and leaders to examine these issues, as well as how the U.S. can mitigate the risks and dangers of continued energy dependence through a new strategic approach to foreign policy that integrates both U.S. energy and national security interests. Contributors include Abdullah bin Hamad Al-Attiyah, Kevin A. Baumert, Michelle Billig, Loyola de Palacio, Jonathan Elkind, Michelle Michot Foss, Leon Fuerth, Lee H. Hamilton, Evan M. Harrje, John P. Holdren, Paul F. Hueper, Amy Myers Jaffe, J. Bennett Johnston, Donald A. Juckett, Viktor I. Kalyuzhny, Melanie A. Kenderdine, William F. Martin, Charles McPherson, Kenneth B. Medlock III, Ernest J. Moniz, Edward L. Morse, Julia Nanay, Shirley Neff, Willy H. Olsen, Bill Richardson, John Ryan, James R. Schlesinger, Gordon Shearer, Adam E. Sieminski, Alvaro Silva-Calderón, Luis Téllez Kuenzler, J. Robinson (Robin) West, Daniel Yergin, and Keiichi Yokobori.
An Appraisal of OPEC Oil Policies
Author: Ali M. JaidahPublisher: London ; New York : Longman
ISBN:
Category : Business & Economics
Languages : en
Pages : 172
Book Description
OPEC and the World Oil Market
Author: Robert MabroPublisher: Oxford : Oxford University Press for the Oxford Institute for Energy Studies
ISBN:
Category : Business & Economics
Languages : en
Pages : 294
Book Description
This book includes papers presented at the Oxford Energy Seminar, 1982-5, and uses them to discuss aspects of OPEC's role in the world petroleum market.
Crude Volatility
Author: Robert McNallyPublisher: Columbia University Press
ISBN: 0231543689
Category : Business & Economics
Languages : en
Pages : 336
Book Description
As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.
Strategies for OPEC's Pricing Decisions -- Revisited
Author: Dermot GatelyPublisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 44
Book Description