This book gives information on the OPEC nations' changing roles in the world oil market as they expand to "downstream" activities. It provides an overview of th

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 decad

Oil is an unusual commodity in that individual decisions can have an outsized effect on the market. OPEC+’s choice to increase production, for instance, might

This work provides assessments and analyses of the future relationship of oil and gas to the world economy, and offers policy recommendations for the Gulf regio

Economists have proposed a large variety of models of the oil market and this survey integrates them in a coherent framework.