Download or read book Global Implications of Lower Oil Prices written by Mr.Aasim M. Husain and published by International Monetary Fund. This book was released on 2015-07-14 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.
Download or read book The Future of Saudi Arabian Oil Production written by United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on International Economic Policy and published by . This book was released on 1979 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Twilight in the Desert written by Matthew R. Simmons and published by Wiley + ORM. This book was released on 2011-01-04 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Twilight in the Desert reveals a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabias troubled oil industry, not to mention its political and societal instability, which differs sharply from the globally accepted Saudi version. Its a story that is provocative and disturbing, based on undeniable facts, but until now never told in its entirety. Twilight in the Desert answers all readers questions about Saudi oil and production industries with keen examination instead of unsubstantiated posturing, and takes its place as one of the most important books of this still-young century.
Download or read book The Oil Companies and the Arab World written by Giacomo Luciani and published by Routledge. This book was released on 2016-03-02 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many years, vertical integration characterized the international oil industry, with the same company controlling the entire process from crude exploration and production to the retailing. This structure was radically transformed in the 1970s and this book, originally published in 1984, examines whether the dis-integration which resulted was a long-term trend or a temporary phase. It examines the attitude of the major international oil companies, discusses the policies adopted by oil producing and oil importing countries, and the limits of ‘government to government’ deals underlined. The political and strategic implications of re-integration are explored, and relations between oil exporters and importers, and between the USA, Europe and the Arab world discussed.
Download or read book The Future of Oil and Fiscal Sustainability in the GCC Region written by Mr.Tokhir N Mirzoev and published by International Monetary Fund. This book was released on 2020-02-06 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away from oil. This spells a significant challenge for oil-exporting countries, including those of the Gulf Cooperation Council (GCC) who account for a fifth of the world’s oil production. The GCC countries have recognized the need to reduce their reliance on oil and are all implementing reforms to diversify their economies as well as fiscal and external revenues. Nevertheless, as global oil demand is expected to peak in the next two decades, the associated fiscal imperative could be both larger and more urgent than implied by the GCC countries’ existing plans.
Download or read book Oil and Security written by Stockholm International Peace Research Institute and published by . This book was released on 1974 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Crude Volatility written by Robert McNally and published by Columbia University Press. This book was released on 2017-01-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Arab Oil written by Library of Congress and published by . This book was released on 1983 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Diversification in Oil Exporting Arab Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2016-04-29 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and employment. Because oil is an exhaustible resource, new sectors need to be developed so they can take over as the oil and gas industry dwindles. Over-reliance on oil also exacerbates macroeconomic volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and improve prospects for future generations. Macro-economic stability and supportive regulatory and institutional frameworks are key prerequisites for economic diversification...
Download or read book The Decline of Arab Oil Revenues written by Abdel Majid Farid and published by Taylor & Francis. This book was released on 2022-06-01 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1986, The Decline of Arab Oil Revenues explores the fall in the economic value of Arab oil reserves in the 1980s. Some of the threats to Arab countries include depletion of oil resources, rise of alternative sources of energy, international policies designed to control oil prices and growing conflicts of interest between producing and consuming countries. The editors suggest that any decline in oil revenues would negatively affect the economic, political, social and psychological structure of Arab societies since they are yet to explore non-oil sources of wealth. Consequently, the editors stress on the importance of researching the desert, which covers 94% of Arab lands, as a potential source of wealth. Given the current global shift towards sustainable forms of energy, this book is a timely reminder of the economic and political implications of such a shift on Arab countries for students of political science, international relations, geography, and economics.
Download or read book The Impact of Oil Revenues on Arab Gulf Development written by M.S. El Azhary and published by Taylor & Francis. This book was released on 2023-05-09 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the price of oil fell in the eighties the pressures on the Arab Gulf States to speed up the diversification of their economies into non-oil sectors increased. This book, first published in 1984, examines this problem and many other issues connected with the impact of oil revenues on development in the Gulf States. It considers changing oil production policies and developments in other sectors of the economy including agriculture, industry and banking. It explores population problems, moves towards Gulf economic coordination and the impact of oil on society, culture and education. This book provides an assessment of just how much the region depends on oil for its economic prosperity and development and some indication of the enormous problems that would face the region should the demand for oil decease still further.
Download or read book The Prize written by Daniel Yergin and published by Simon and Schuster. This book was released on 2012-09-11 with total page 928 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Prize recounts the panoramic history of oil -- and the struggle for wealth power that has always surrounded oil. This struggle has shaken the world economy, dictated the outcome of wars, and transformed the destiny of men and nations. The Prize is as much a history of the twentieth century as of the oil industry itself. The canvas of this history is enormous -- from the drilling of the first well in Pennsylvania through two great world wars to the Iraqi invasion of Kuwait and Operation Desert Storm. The cast extends from wildcatters and rogues to oil tycoons, and from Winston Churchill and Ibn Saud to George Bush and Saddam Hussein. The definitive work on the subject of oil and a major contribution to understanding our century, The Prize is a book of extraordinary breadth, riveting excitement -- and great importance.
Download or read book Koreans in the Persian Gulf written by Shirzad Azad and published by Routledge. This book was released on 2015-11-19 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing the Korean Peninsula’s contemporary engagement with the Persian Gulf region from the 1950s to the present day, the book begins by asking the following question: What drew Koreans to the region in the first place and under what circumstances were they drawn there? While taking into account a combination of both external and internal factors shaping the dynamics of the Korean Peninsula’s interactions with the Persian Gulf region, this book largely concentrates on the agency factor to analyze the nature and scope of a rather multifaceted relationship between the two areas. The Republic of Korea has, in fact, maintained diverse connections to every single country in the Persian Gulf over the past several decades, and its rather considerable activities and accomplishments in the region all justify such an overwhelming focus. The Democratic People’s Republic of Korea’s record in the Persian Gulf, however, is mostly limited to its relationship with Iran, though Pyongyang has pursued relationships with some other states in the region. This book studies the elements of Pyongyang’s actions in the region as an appendage to South Korea’s various political and economic achievements. Employing a process-tracing approach, this book will be of interest to policymakers, as well as to students and scholars of International Relations, Middle East Studies and Asian Studies.
Download or read book Thicker Than Oil written by Rachel Bronson and published by Oxford University Press. This book was released on 2008-06-05 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: For fifty-five years, the United States and Saudi Arabia were solid partners. Then came the 9/11 attacks, which sorely tested that relationship. In Thicker than Oil, Rachel Bronson reveals why the partnership became so intimate and how the countries' shared interests sowed the seeds of today's most pressing problem--Islamic radicalism. Drawing on a wide range of archival material, declassified documents, and interviews with leading Saudi and American officials, and including many colorful stories of diplomatic adventures and misadventures, Bronson chronicles a history of close, and always controversial, contacts. She argues that contrary to popular belief the relationship was never simply about "oil for security." Saudi Arabia's geographic location and religiously motivated foreign policy figured prominently in American efforts to defeat "godless communism." From Africa to Afghanistan, Egypt to Nicaragua, the two worked to beat back Soviet expansion. But decisions made for hardheaded Cold War purposes left behind a legacy that today enflames the Middle East. Looking forward, Bronson outlines the challenges confronting the relationship. The Saudi government faces a zealous internal opposition bent on America's and Saudi Arabia's destruction. Yet from the perspective of both countries, the status quo is clearly unsustainable.
Download or read book Critical Factors Affecting Saudi Arabia s Oil Decisions written by United States. General Accounting Office and published by . This book was released on 1978 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Russian Foreign Policy written by Nikolas K. Gvosdev and published by CQ Press. This book was released on 2013-08-22 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a truly contemporary analysis of Moscow′s relations with its neighbors and other strategic international actors, Gvosdev and Marsh use a comprehensive vectors approach, dividing the world into eight geographic zones. Each vector chapter looks at the dynamics of key bilateral relationships while highlighting major topical issues—oil and energy, defense policy, economic policy, the role of international institutions, and the impact of major interest groups or influencers—demonstrating that Russia formulates multiple, sometimes contrasting, foreign policies. Providing rich historical context as well as exposure to the scholarly literature, the authors offer an incisive look at how and why Russia partners with some states while it counter-balances others.
Download or read book Access to Oil written by Fern R. Gold and published by . This book was released on 1977 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
