Although pervasive, subsidies have long been accepted by economists as a generally inefficient, costly means of resource allocation that leads to wasteful consumption and distortion of international trade and local markets. Oil-exporting economies have adopted energy pricing reform since the collapse of the oil price in mid-2014, despite lingering fears that such efforts would hurt […]
New OIES paper on oil price paths in 2019: In reference scenario, Brent expected to average $68/b in 2019; Brent ri… https://t.co/kxjN8ToXKD
February 16th
Fattouh on Aramco’s overseas energy push: Saudi Aramco, like many energy majors, looks to muscle in on the growing… https://t.co/4Yw4rgjAdg
February 14th
Oil Price Paths in 2019: Navigating Volatile Markets https://t.co/4FLbnPnksb
February 13th
