OPEC at 50: Evolution, Issues and Lessons
This presentation examines the evolution of OPEC in the last 50 years and identifies some of the important structural changes in the oil market that has influenced OPEC behaviour. The presentation highlights the changing and evolving role of OPEC and proposes new approaches to analyse OPEC’s role in the oil price formation process.
Categories:
Finance , Oil , Oil & Middle East Programme
Tags:
History of OPEC , Integration , Market Conditions , Market Share , Market Structure , MENA , Oil Pricing System , OPEC behaviour , price cycle , Pricing Regime , Spare Capacity