Working Papers

World Energy Trends: Recent Developments and their Implications for Arab Countries

Published: 1^st May 2006| By: Robert Skinner

Arab countries have 56% and 30% of the world’s conventional oil and gas reserves respectively. In 2003 they accounted for over 30% of world oil and NGL production, 11% of gas production, 16% of gas exports and 37% of LNG trade. This hydrocarbon endowment and rapidly expanding role in oil and gas trade conveys onto [...]

Categories / Country and Regional Studies, Gas, Oil, Oil & Middle East Programme, Working Papers

Tags / , Arab Energy Conference, Energy Trends, LNG, Middle East, Natural gas, Non-OPEC Supply, North Africa, Oil Demand, Peak Oil, Price Stability, SP 19, SP19, Structural change, Supply, Technological Change

The Oil Supply and Demand Context for Security of Oil Supply to the EU from the GCC Countries

Published: 1^st April 2005| By: Robert Skinner, Robert Arnott

This report and presentation were prepared as part of the EUROGULF project carried out under the European Commission’s Synergy Program by a consortium under the coordination of the Robert Schuman Centre for Advanced Studies, European University Institute, Florence.

Categories / Country and Regional Studies, Energy Policy, Energy Security, Oil, Oil & Middle East Programme, Presentations, Publications, Working Papers

Tags / , Choke Points, Consumers, Deepwater, Europe Demand, Hydrocarbons, Middle East, Oil Reserves, Producers, Russia, Security of Oil Supply, Unconventional Oil

Redefining the Convenience Yield in the North Sea Crude Oil Market

Published: 1^st July 2004| By: F. Caumon, J. Bower

Despite falling production volumes and recent modifications to the way it is traded and prices reported, Brent crude oil produced in the North Sea remains the dominant marker grade for most of the crude oil produced and consumed outside of the Americas. This paper derives from a fundamental observation made by Paul Horsnell and Robert [...]

Categories / Country and Regional Studies, Energy Economics, Finance, Oil, Oil & Middle East Programme, Working Papers

Tags / , Arbitrage, Brent, Convenience Yield, Futures Contracts, Oil Markets, Option Pricing Theory, The North Sea, Theory of Storage, WPM 28, WPM28, WTI

Oil in Asia: Markets, Trading, Refining and Deregulation

Published: 1^st January 1997| By: Paul Horsnell

Categories / Country and Regional Studies, Energy Economics, Energy Policy, Finance, Oil, Oil & Middle East Programme, Working Papers

Tags / , Asia, Crude Oil, Energy Balances, Futures Market, Inflation, Liberalisation, Margin Dynamics, Oil Demand, Oil Market, Pacific, Refinery profitability