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Exogenous oil supply shocks in OPEC and non-OPEC countries
2020This note expands Kilian's (2008) original time series of exogenous oil supply shocks along two dimensions. First, we extend the sample period and include production shortfalls in OPEC member states during 2004:10-2018:12. Second, we also consider production shortfalls in non-OPEC countries.
Güntner, Jochen, Henßler, Johannes
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Terrorism in OPEC countries and oil prices
International Journal of Emerging Markets, 2018Purpose The purpose of this paper is to examine the impact of terrorism in the Organization of the Petroleum Exporting Countries (OPEC) on the return and volatility of world price of oil. Design/methodology/approach GARCH models and daily data from 1987 till 2015 will be used.
Charbel Bassil +2 more
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Organization of the Petroleum Exporting Countries—OPEC
2021OPEC was established in 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. It aims to unify and co-ordinate members’ petroleum policies and to safeguard their interests, as well as to stabilize the global petroleum market. The Conference is the supreme authority of the organization, responsible for the formulation of its general policy.
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Saudi Arabia's Policy Toward non-OPEC Countries
Diplomacy & Statecraft, 2012The 2008 energy crisis raises questions with regard to Saudi Arabia's status in the global oil market in general and within the Organisation of Petroleum Exporting Countries (OPEC) in particular. Over time, several circumstances such as disagreement amongst OPEC members, the challenge of the alternative energy industry, and the growing influence of ...
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Domestic demand for petroleum in OPEC countries
OPEC Review, 2000The literature on OPEC energy policy has focused primarily on its production and export potential. The rapidly increasing domestic demand for petroleum products in OPEC countries has often been ignored. This study estimates domestic demand for petroleum products by the major OPEC economies and forecasts consumption trends under alternative assumptions ...
Ujjayant Chakravorty +2 more
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Organization of the Petroleum Exporting Countries (OPEC)
2016Origin and Aims. Founded in Baghdad in 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The principal aims are: to unify the petroleum policies of member countries and determine the best means for safeguarding their interests, individually and collectively; to devise ways and means of ensuring the stabilization of prices in international oil ...
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Environmental aspect of energy transition and urbanization in the OPEC member states
Environmental Science and Pollution Research, 2021Stephen Taiwo Onifade +2 more
exaly
Organization of the Petroleum Exporting Countries (OPEC)
2015Origin and Aims. Founded in Baghdad in 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The principal aims are: to unify the petroleum policies of member countries and determine the best means for safeguarding their interests, individually and collectively; to devise ways and means of ensuring the stabilization of prices in international oil ...
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