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.
During the period 2002 to 2008, the oil market experienced a sustained increase in prices with the annual average price rising year-on-year for seven consecutive years. This boom, however, ended with a spectacular collapse towards the end of 2008. These sharp price movements captured public and political attention and raised concerns within both major consumers […]
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OIES quarterly gas review compares companies’ levels of oil and gas production https://t.co/3JZh6hfatV https://t.co/5s5u5EIMNw
OIES publishes its new gas quarterly review: With the smallest spread between Gazprom realised price and NBP since… https://t.co/aJMozV6lUe