The sharp fall in oil prices in the last few weeks has turned the world’s attention to OPEC and particularly to Saudi Arabia’s response to the current slide in the oil price. Following unofficial communications to the market that Saudi Arabia is comfortable with markedly lower oil prices, even for an extended period, hopes that […]
In 2004 a large discovery of oil was made in Rajasthan, a relatively poor state in north-west India. Oil began to flow in 2009. The estimated total hydrocarbons resource base in Rajasthan is 6.5 billion barrels, and the fields are estimated to have the potential to reach output levels of over 200,000 barrels of oil […]
In this paper we shall discuss the performance of three oil fiscal regimes over the past 25 years: the UK, Alaska, and Venezuela. This empirically oriented paper is based on our previous more theoretical paper on the subject of oil fiscal regimes,’ but it can be read independently. Nevertheless, a reminder of a few points […]
Since the first petroleum crisis in 1973-74 oil prices have risen considerably. One reason for this has been that oil consumers have been insensitive to price changes. In the short run it has been difficult to find any viable fuel alternative .
New OIES paper on OPEC choices and policies: For OPEC future oil demand growth (especially in 2019) hinges on outco… https://t.co/d9hpMtr0YW
OPEC at the Crossroads https://t.co/plmceBzfEr
Oxford Energy Podcast – Implications of the DG COMP investigation into Gazprom https://t.co/eGEsZZLHOD