Oil & the Middle East Research Programme

The Oil and the Middle East Research Programme of the Oxford Institute for Energy Studies was established in 2009. It is dedicated to the advanced study of contemporary oil markets, production, consumption and policy. With a historical focus on the resource-rich economies of the Middle East, research on the Programme has expanded to include major non-OPEC producing regions such as North America and Russia, and emerging energy markets such as China and India.

The programme’s research activities centre around its four main thematic branches:

Global Oil Market Dynamics

This research stream encompasses the study of oil price cycles, evolution of pricing benchmarks, behaviour of oil market participants, the impact of new supply sources on market dynamics, producer-consumer relations, and international oil and product trade flows.

Production

Research under this stream relates to the economic prospects for conventional and unconventional production in the world’s major producing economies as well as newly emerging provinces, and includes the Middle East, Africa, North America and Russia. It covers topics such as the evolution of fiscal regimes.

Consumption and the Development of Emerging Energy Markets

The programme’s third main research stream focuses on emerging centres of energy demand outside traditional OECD energy consumers. Research under this stream analyses demand and supply patterns in emerging energy markets, including Russia, India, China, Latin America and Africa.

Policy and the Economics of Resource Rich Economies

The fourth key area of research concentrates on the management of natural resource wealth within resource-rich economies, including resource-based development strategies and economic growth, distribution of natural resource rents, challenges related to domestic demand growth, diversification, and the deployment of renewables.

Research is disseminated via a dedicated research paper series, short energy comments and contributions to academic journals and specialised publications, in addition to a book series published by Oxford University Press. Members of programme staff have also been involved in a range of international collaborative publications, including the United Nations Development Programme (UNDP), the International Energy Agency (IEA) and the International Energy Forum (IEF). The Programme’s research group is composed of core staff, and draws on a network of external contributors from a wide range of disciplinary and professional backgrounds.

Contact Us
We are interested in hearing from students and researchers working on oil and the Middle East academically worldwide. For information about the programme and questions, please email; Bassam Fattouh

Latest Publications from the Oil & the Middle East Research Programme

  • OIES Oil Monthly – Issue 8

    The new issue of OIES Oil Monthly, including our latest short-term oil market outlook, is now available. This month’s featured In Focus piece focuses on West African crudes and their important role as a bellwether for the strength of the recovery. Given the uncertainties still surrounding the oil market and the prevalence of the view […]

    By: OIES

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  • Carbon Capture and Storage: The perspective of oil and gas producing countries

    Carbon capture and storage (CCS) involves the trapping of man-made CO2 underground in order to avoid its release into the atmosphere. Because of the scale with which it could be applied, CCS is identified as a critical technology to reduce CO2 emission to achieve global climate goals. The Intergovernmental Panel on Climate Change (IPCC, 2018) […]

    By: Bassam Fattouh Wolf Heidug Paul Zakkour

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  • OIES Oil Monthly – Issue 7

    The new issue of OIES Oil Monthly, including our latest short-term oil market outlook, is now available. This month’s featured In Focus piece focuses on India’s oil demand and on the headwinds that compromise a surprise recovery similar to 2020. Following the devastating impact of the second COVID wave on India’s product demand in April […]

    By: OIES

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